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Home Agribusiness Grocer’s $440bn is Africa’s biggest IPO of 2024

Grocer’s $440bn is Africa’s biggest IPO of 2024

November 15, 2024

Grocery chain Boxer has launched its share offer, aiming to raise between ZAR 8.0 billion ($440 million) and ZAR 8.5 bn ($467m). Although it is described as an initial public offer (IPO), participation is by qualified investors. The offer opened on 11 November 2024 and will close at 12:00 noon (South African time) next Friday,…

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