Airtel Money confirms plans for London IPO valuation at $9bn

Summarised from 2 outlets · Updated 23 Sept, 12:44

Airtel Money, a mobile payments business controlled by Indian billionaire Sunil Bharti Mittal, is planning a London flotation at up to $9bn valuation.

Airtel Money, the mobile payments arm of Airtel Africa, has confirmed plans for what would be one of the London Stock Exchange's biggest flotations in years. The business operates across Africa and is seeking a valuation as high as $9bn.

How it is being reported

• Indian billionaire’s payments firm plots biggest London flotation in yearsGuardian Business · 23 Sept, 12:08
• Airtel Money confirms plans for multi-billion London IPOCity AM · 23 Sept, 07:23

In this story: Airtel Money · Sunil Bharti Mittal · Airtel Africa · London Stock Exchange · Africa

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem