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Jumia Technologies AG's IPO

Cravath represented one of the shareholders, MTN Group Limited, in connection with the $225 million initial public offering of common stock of Jumia Technologies AG, an operator of an e‑commerce platform in Africa. The shares were listed on the New York Stock Exchange. The transaction closed on April 16, 2019.

The Cravath team included partners Philip J. Boeckman and Aaron M. Gruber and associate Said Bakir.