BusinessAirtel Money Targets $7 Billion Valuation in $703 Million London IPO
Airtel Money, the mobile money division of Airtel Africa, plans to raise about $703 million by selling 270 million shares at £1.96 each in a London IPO targeting a $7 billion valuation. The mid-October debut marks London's largest IPO since 2025, reflecting efforts to revive the market amid recent declines. Analysts note the market favors realistic valuations in this buyer’s market.
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