Dangote Cement London Listing Taps Goldman Sachs, UBS

Dangote Cement is preparing for a potential $1 billion London Stock Exchange listing, bringing Goldman Sachs and UBS on board as bookrunners as the Nigerian cement producer seeks to expand its reach among international investors. The transaction could take place as early as November, although the timetable remains subject to market conditions. According to Bloomberg, which cited people familiar with the preparations, the proposed offering would involve existing shareholders selling approximately