Nov 18, 2016
Listing marks next stage in Dis-Chem’s development.
Dis-Chem aims to continue growing its market share by doubling its store footprint in the next 5 to 8 years. Through its listing, the company raised R4.4bn (US$304m) to:
Standard Bank acted as Joint Global Coordinator, Joint Bookrunner and Joint Transaction Sponsor on the IPO, which is the second largest IPO in South African history. “Our in-depth knowledge of the consumer sector and equity capital markets, coupled with our understanding of Dis-Chem’s business strategy and goals, made us the ideal partner to support and enable this home-grown South African icon to realise their business ambitions”.
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