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Airtel Africa to Raise up to $2B in Money Unit IPO
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Airtel Africa to raise up to $2B in money unit IPO
A planned IPO of Airtel Africa’s mobile money division was predicted by Bloomberg sources to be set to net the operator between $1.5 billion and $2 billion, with London listed as the most likely location for the share sale. The news website previously reported the company would float on an exchange in the United Arab Emirates before later noting European locations were also being considered. It estimated a sale at the level being forecast would …
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