🌍 Airtel Money aims for $8 billion-$9 billion London IPO, FT reports

Airtel Africa's Airtel Money is expected to file paperwork for an initial public offering on the London Stock Exchange as soon as Wednesday, according to a Financial Times report cited by Reuters on Tuesday. The report said the mobile money business is targeting a valuation of $8 billion to $9 billion, citing two people briefed on the plans.

Airtel Money is the mobile payments arm of Airtel Africa, which operates across multiple African markets and is listed in London.

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