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Browsing: London Stock Exchange (LSE) Alternative Investment Market
Nigeria’s IROKO Partners Limited media company is working on plans to list on the London Stock Exchange (LSE) Alternative Investment Market.
Reports indicate that the Initial Public Offering (IPO) could be effected in the next 12 months. The company had earlier on announced plans to go public either on the London Stock Exchange or a local bourse on the continent but sought an international presence as this may enable further growth of the industry and the company itself.
About Nigeria’s IROKO Partners
The company was founded in 2011 by Jason Njoku and Bastian Gotter and boasts the largest online catalog of Nollywood film content globally.
The media company, according to reports, will raise between $20 million and $30 million, valuing the company at $80 million to $100 million.
While making the announcement in October 2019, the company’s CEO Mr Njoku, however, did not reveal the exact time …