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AIRTEL MONEY
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...