NIC is getting listed

Tweet

The first Ugandan insurer, National Insurance Corporation (NIC), has been successfully listed by raising 9.5 billion UGX (4.59 million USD). A total 161.5 million shares has been offered with a view to collecting 7.2 billion UGX (3.5 million USD). The state has ceded its 40% shareholding while the Nigerian company Industrial and General Insurance rose to 60% in NIC's capital.

0
Your rating: None
Tue, 22/02/2011 - 16:06
© 2024 Groupe Atlas
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits