Airtel Africa closes books on IPO

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Airtel Africa closes books on IPO

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ET04JF Airtel Hoarding in Betim at Goa India | Alamy Stock Photo

The £540m IPO of Airtel Africa, the African division of India’s Bharti Airtel, has been priced at 80p, the bottom of the initial range, following a $100m anchor order from an existing investor, according to a source close to the transaction.

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