Airtel Money sets £5.3bn valuation ahead of London IPO

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AIRTEL Africa’s mobile money subsidiary, Airtel Money, has set an offer price of £1.96 per share, implying a market capitalisation of £5.3 billion ($7 billion) ahead of its planned listing on the London Stock Exchange on October 14. The pricing gives investors a clearer valuation benchmark for one of Airtel Africa’s fastest-growing businesses and could […]

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