Airtel Money Prepares One of London’s Biggest Recent IPOs

Duchess Magazine

1 day ago

1 min read

Business

African mobile-payments group Airtel Money is preparing paperwork for a London listing that could raise about 800 million dollars at an 8 to 9 billion dollar valuation.

If it lands, it would rank among the city’s larger floats in recent years.

City bankers see it as a test of whether international fintech still wants a London primary listing.

Recent Posts

See All

Hormuz Tanker Strike Keeps Brent Crude Near 100 Dollars

A projectile struck a tanker in the Strait of Hormuz, a British navy shipping centre said.

FTSE 100 Slips as August Borrowing Overshoots Forecasts

The FTSE 100 closed lower on Tuesday as official figures showed public-sector net borrowing of £18.3 billion in August.

Tom Cruise Tells London Crowd People Still Want Real Cinema

Tom Cruise told a BAFTA Life in Pictures audience in London that artificial intelligence is coming but that audiences still want real things on screen.

Comments