More Africa NewsAirtel Africa receives pre-IPO interest worth about USD 200 mln

June 26, 2019by myles

One of the bookrunners handling Airtel Africa’s planned initial public offering on the London Stock Exchange said it had received indications of interest worth about USD 200 million from pre-IPO investors, Reuters reported. Airtel Africa has set a price range of GBP 0.80 to GBP 1.00 per share for its IPO, which is expected to raise GBP 595 million from the issue.


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