Airtel Money files for London IPO of at least $800m via shareholder offer for sale, may target $8bn valuation; IFC to invest up to $90m

Airtel Money, the mobile money unit of Airtel Africa, has filed for a London Stock Exchange listing of at least $800 million, structured as an offer for sale by shareholders, one of the exchange's largest IPOs in recent years, and may target an $8 billion valuation. The IFC will invest up to $90 million in the offering.

Detected & updated continuously · Source: Nebula