Nile Air CEO Ahmed Ali announced that the Nile Air IPO is in the works once again and will take place towards the end of 2018. The company had plans to IPO 30% of its shares in 2017 but was derailed by a tough macroeconomic environment. The company is also reassessing the stake it plans to float, given the backdrop of recent growth and larger funding needs. The company is auditioning three potential global coordinators for the offering, Ali added.
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.