Helios Towers trades up after IPO despite tough backdrop

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Helios Towers trades up after IPO despite tough backdrop

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CEJ218 Cell Phone Tower from Naval Hill,Bloemfontein,Free State Province | Alamy Stock Photo

Shares in Helios Towers, the African telecommunications infrastructure company backed by George Soros and Madeleine Albright, rose as much as 4.3% following their debut on the London Stock Exchange on Tuesday morning, despite a jittery market that has seen numerous IPOs pulled or trading below their offer prices.

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