Angola Says Sonangol IPO May Only Take Place From End-2022

The sale of shares in Angolan state-owned oil company Sonangol may only take place after the end of 2022, news agency Lusa reports, citing comments from Petroleum and Minerals Minister Diamantino Azevedo.

• The initial public offering won’t take place during the current government’s mandate, which ends in 2022, Azevedo says

Source: Bloomberg