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Airtel Money IPO Priced at $7 Billion Valuation Ahead of London Listing
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CNBC TV18•01-10-2026, 14:33
Airtel Money IPO Priced at $7 Billion Valuation Ahead of London Listing
- •Airtel Money, Airtel Africa's mobile payments business, has priced its London IPO at 1.96 per share.
- •The IPO values the company at approximately $7 billion (5.3 billion) and is set to begin trading this month.
- •Conditional dealing for Airtel Money shares starts October 9, with unconditional trading on October 14.
- •The offering involves the sale of 27 crore existing Airtel Money shares, with an option for an additional 2.7 crore shares.
- •Airtel Africa will remain a long-term strategic shareholder, with 16.5% to 17.5% of Airtel Money's shares expected to be publicly held, making it eligible for FTSE UK indices.
Key Questions Answered
Airtel Money has priced its planned London initial public offering at £1.96 per share, giving the company a market capitalisation of approximately $7 billion (£5.3 billion){0}.
The offer price was announced on October 1, with conditional dealing in shares expected to begin on October 9 and unconditional trading scheduled to start on October 14{0}.
Yes, Airtel Africa intends to remain a long-term strategic shareholder to support the mobile payments business as it transitions into an independently listed company{0}.
