IPO of Cell C Holdings Limited
Investec advised on the completion of the IPO of Cell C Holdings Limited in the amount of ZAR 4.5951 billion (€ 240M).
About the deal
Investec acted as joint global coordinator and financial advisor on the listing of Cell C Holdings Limited on the Johannesburg Stock Exchange.
Cell C is listed on the Prime Segment of the Main Board of the Johannesburg Stock Exchange under the share code CCD.
About Cell C
Cell C is a telecommunications and technology company within the South African market. It has a diversified business model across its retail and wholesale businesses and is a leading enabler of MVNEs and MVNOs in South Africa. The Company has adopted an asset-light operating model that leverages long-term national roaming agreements with strategic partners, positioning itself as an agile challenger in the telecommunications market.
Our role
The transaction underscores Investec’s reputation as a trusted partner in South African capital markets.