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The IPO involved 560 million shares at 850/- per share but initially their sale was lackluster forcing Vodacom to apply for extension of extra three weeks in a bid to woe more investors. File photo

29May 2017
The Guardian Reporter
The Guardian

The lead transaction adviser in the Vodacom Tanzania initial public offer (IPO), Orbit Securities of Dar es Salaam, has ruled out the possibility of oversubscription of the shares, whose sale...