Airtel Africa Plc AAF
LSE · United Kingdom · Communications
GBp 299.80-0.80 (-0.27%)
Market open· · GBp · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · GBp · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Total return, dividends included.
Where the price sits against its 50- and 200-day moving averages.
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The group is looking to raise around 800 million US dollars (£601 million) from the IPO.
SIMON MAINA/Getty Images The London Stock Exchange might be expecting its biggest listing in years, but a recovery is still in doubt. Airtel Mobile Commerce, the mobile payments arm of London-listed telecoms and financial services provider Airtel Africa, published an intention to float on the LSE on Sept. 23. The listing would allow existing investors to sell their shares, including TPG, Mastercard and the Qatar Investment Authority, which together acquired a stake in 2021 for $550 million. The
The plans to launch an initial public offering (IPO) is expected to bring about one of London’s biggest listings in recent years.
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