Tag
AIRTEL MONEY IPO
Airtel Money has set a minimum application of £250 per investor as it launches its retail offer ahead of its planned listing on the London Stock Exchange.
Airtel Mobile Commerce N.V., the parent company of Airtel Money, has set the offer price for its planned initial public offering (IPO) at £1.96 per share, implying an estimated market capitalisation of £5.3 billion ($7 billion) when the company is admitted to the London Stock Exchange.
Billionaire Sunil Mittal’s Airtel Africa Plc has selected Citigroup Inc. as lead adviser for the planned initial public...