Flotation

Medeama To Float Shares On Ghana Stock Market

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Medeama are set to float shares on the Ghana stock market, the club has announced. The Mauve and Yellows are currently privately owned by respected business tycoon Moses Armah. The steel magnate bought defunct Kessben FC in 2010 and have won the FA Cup twice. However, the club has been riddled with financial difficulties in … Read more

Firm Valued At $24bn Despite Losses

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Snap, owner of messaging app Snapchat, has priced its shares at $17 ahead of Thursday’s listing on the US stock market. The flotation values the business at $24bn, although Snap has never made a profit. It will turn the company’s founders Evan Spiegel and Bobby Murphy into multi-billionaires. Snapchat, which is especially popular with teenagers, … Read more