Airtel Money slashes London IPO target to $800m on investor pushback

Airtel Money trims London IPO ambitions to $800 million ahead of possible launch next week

Airtel Money is scaling back the size of its planned London initial public offering, with the African mobile money business now seeking to raise at least $800 million after feedback from potential investors.

Airtel Money slashes London IPO target to $800m on investor pushback

Airtel Money, the mobile financial services arm of Airtel Africa, is seeking to cut its planned London initial public offering read more Airtel Money slashes London IPO target to $800m on investor pushback

Airtel Money Is Said to Trim IPO Size Ahead of Deal Kick Off

Airtel Money’s owners are considering raising less money than previously sought in the company’s initial public offering, a listing process that could start as soon as next week, according to people familiar with the matter.

Airtel Money to trim London IPO size ahead of kick-off ...

Airtel Money reportedly cuts IPO ambition as London listing approaches

Airtel Money is seeking to raise at least $800 million through a London initial public offering, a substantial reduction from its earlier target of between $1.5 billion and $2 billion. The mobile-money business has also lowered its valuation expectations following feedback from investors, as it prepares for a potential listing as soon as the week …

Airtel Money Mulls Smaller $800m London IPO

By Adedapo Adesanya Airtel Money is considering raising at least $800 million from its planned initial public offering (IPO) in London, significantly below the $1.5 billion to $2 billion previously targeted, according to Bloomberg. The mobile money business had previously been considering an IPO of that size, potentially valuing it at as much as $10 […]