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The FTSE 100 traded higher on Wednesday after falling 0.3% in the previous session, supported by continued weakness in oil prices and renewed hopes for progress in US-Iran diplomacy. Oil prices extended their decline for a sixth consecutive session, putting Brent on track for its longest losing streak in more than a ye
LONDON (dpa-AFX) - Airtel Africa plc (AAF.L), a telecommunications and mobile money services provider, on Wednesday announced that its subsidiary Airtel Money intends to proceed with an initial public offering.The IPO will comprise a secondary offering of existing Airtel Money shares by its current…
(06:03 GMT) *Airtel Mobile Plans IPO on Main Market of London Stk Exchange (06:04 GMT) *Airtel Mobile Serves Approximately 53M Monthly Active (06:07 GMT) *Airtel Mobile: London Listing Will Underpin Next Wave of Growth (06:08 GMT) *Airtel Mobile Approaching IPO From a Position of Fincl Strength (06…
FT says Airtel Money expects to file IPO paperwork for a London Stock Exchange listing, targeting a valuation of $8bn-$9bn.
Bharti Airtel says Africa revenue rose 5.7% sequentially, with Airtel Money delivering strong quarters. The company is building a >79% stake in the region and has London listing plans.