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The Independent UK
The Independent UK
Business
Holly Williams

Airtel Money set for £5.3bn float in biggest London IPO for five years

F7HM3R MALAWI, Salima, money transfer with airtel money, Airtel is an indian mobile phone company in contrast VISA advertisement of FMB Bank -

Airtel Africa’s mobile payments firm is heading for a stock market valuation of around £5.3 billion when it floats this month in what would be one of the biggest London listings in recent years.

The group has set the offer price at £1.96 per share for its Airtel Money business with plans to make its stock market debut on October 14.

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