Jump to navigation

Vol 49 No 6

Published 14th March 2008


Angola

First clean up, then list

Sonangol intends to list its shares on the New York Stock Exchange by 2010, according to Chief Executive Manuel Vicente. In February 2006, he mentioned this intention, adding that some of Sonangol's subsidiaries would also be listed on a future Angolan stock exchange. Under discussion for some years, this exchange was supposed to be launched in the first quarter of 2008 but Deputy Prime Minister Aguinaldo Jaime recently said it had been pushed back to the end of the year. Vicente made it clear that Sonangol EP, the holding company, would go for the New York listing.

End of preview - This article contains approximately 273 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you have a print subscription already, click here for a password that gives you full access to the website.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.