Airtel Money plans London IPO, aiming to raise $800mn
UKPulse Money Desk
African mobile payments group Airtel Money is reportedly preparing for one of London's largest recent initial public offerings (IPOs). The company aims to raise $800 million, with a valuation estimated between $8 billion and $9 billion.
- Airtel Money is an African mobile payments group.
- The company plans to launch an IPO in London.
- It aims to raise $800 million at a valuation of $8bn-$9bn.
Airtel Money, an African mobile payments group, is reportedly poised to launch an initial public offering (IPO) in London. This move could represent one of the largest IPOs in the city in recent years.
The company is looking to raise $800 million through the offering, with a projected valuation ranging from $8 billion to $9 billion. Airtel Money is expected to file the necessary paperwork as early as this week.