Oando, the Nigerian energy group that dual listed on the JSE last year, said yesterday it planned to separately list its retail operations on the Nigerian Stock Exchange, where the group holds its primary listing.
Oando Marketing includes 500 outlets in Nigeria and other west African countries, and would be listed by the end of 2007.
The restructuring would enable investors to structure their portfolios to meet preferences. - Ingrid Salgado, Cape Town