Cell C targets up to R12.1-billion valuation in JSE debut
Cell C is heading to the public market with a proposed JSE listing that pegs the offer price between R29.50 and R35.50/share – a range that implies a post-listing market capitalisation of between R9.5-billion to R12.1-billion, depending on the final share count and whether an over-allotment is exercised. The transaction is a secondary sale by…