Airtel Money Eyes Seven Billion Dollar London IPO
Airtel Money is targeting a seven billion dollar valuation for its upcoming London stock market debut. The mobile money provider plans to raise over seven hundred million dollars ahead of its mid-October trading launch.
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AIRTEL AFRICA PLC's mobile money division targets a $7 billion valuation in a London IPO, raising $703 million by selling 270 million shares at £1.96 each. The offering on Thursday offers a rare test of appetite for the United Kingdom market, which has seen declining listings over the past decade. Trading in the shares is scheduled to begin on October 14, delivering the exchange's largest debut since FERMI INC's dual listing in September 2025.
