Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol “AMC”: इस घटनाक्रम पर आधिकारिक अपडेट दर्ज किया गया है। Airtel Money is set to start trading on the London Stock Exchange later on Friday. | Photo Credit: STR New
## बाजार और अर्थव्यवस्था: क्या हुआ बड़ा बदलाव?
Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol “AMC”
Airtel Money is set to start trading on the London Stock Exchange later on Friday. | Photo Credit: STR New
Mobile payments firm Airtel Money is set to start trading on the London Stock Exchange later on Friday, a listing that may mark the largest initial public offering for the bourse in five years.
Existing shareholders including the Qatar Investment Authority and TPG Inc. offered 270 million shares at £1.96 apiece in the IPO, raising roughly £529 million ($698 million) in the process. The deal is expected to value Airtel Mobile Commerce NV, as the company is formally known, at about £5.3 billion.
Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol “AMC.”
## प्रमुख वित्तीय आंकड़े और कंपनियों का रुख
• Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol “AMC” • Airtel Money is set to start trading on the London Stock Exchange later on Friday. | Photo Credit: STR New • Mobile payments firm Airtel Money is set to start trading on the London Stock Exchange later on Friday, a listing that may mark the largest initial public offering for the bourse in five years. • Existing shareholders including the Qatar Investment Authority and TPG Inc. offered 270 million shares at £1.96 apiece in the IPO, raising roughly £529 million ($698 million) in the process. The deal is expected to value Airtel Mobile Commerce NV, as the company is formally known, at about £5.3 billion. • Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol “AMC.” • How the company trades will be the next test in London’s efforts to revitalize its capital markets. A strong first day would imply the city is fertile ground for IPOs and may encourage more companies to list on the LSE. At the same time, a debut that slips below the offer price would send a negative signal through the market, potentially deterring listing candidates. • London’s stock exchange has experienced a prolonged shortage of first • Airtel Money opted to proceed with its IPO at a volatile time for new listings, with several candidates in Europe and the US postponing imminent offerings amid rising interest rates and geopolitical instability. • To help drum up investor appetite, Airtel Money twice lowered its valuation expectations and chose to market shares at a fixed price instead of the customary range. Even so, it was London’s largest first • Airtel Money operates a range of branches and kiosks across Africa that are used to pay utility bills, arrange microloans and buy goods, according to its website. It processed $213 billion in the 12 months through June, with about 53 million monthly active users, the company has said previously.
## निवेशकों और उपभोक्ताओं के लिए जरूरी बातें
How the company trades will be the next test in London’s efforts to revitalize its capital markets. A strong first day would imply the city is fertile ground for IPOs and may encourage more companies to list on the LSE. At the same time, a debut that slips below the offer price would send a negative signal through the market, potentially deterring listing candidates.
London’s stock exchange has experienced a prolonged shortage of first
Airtel Money opted to proceed with its IPO at a volatile time for new listings, with several candidates in Europe and the US postponing imminent offerings amid rising interest rates and geopolitical instability.
To help drum up investor appetite, Airtel Money twice lowered its valuation expectations and chose to market shares at a fixed price instead of the customary range. Even so, it was London’s largest first
Airtel Money operates a range of branches and kiosks across Africa that are used to pay utility bills, arrange microloans and buy goods, according to its website. It processed $213 billion in the 12 months through June, with about 53 million monthly active users, the company has said previously.
The fintech’s IPO has been seen as a sign of success for efforts by London Stock Exchange Group Plc, the parent company of the exchange, to attract more listings from abroad. The LSE has recently created a new segment on the bourse for secondary listings from international firms, while FTSE Russell, which operates the FTSE UK indexes, made it easier for foreign companies to access the country’s benchmarks.
Citigroup Inc., Bank of America Corp., Barclays Plc, Goldman Sachs Group Inc. and JPMorgan Chase & Co. are arranging Airtel Money’s offering.
## ताजा स्थिति व आगे का अपडेट
विशेषज्ञों और पर्यवेक्षकों के अनुसार इस कदम के महत्वपूर्ण परिणाम सामने आ सकते हैं। आगे की आधिकारिक घोषणाओं की प्रतीक्षा है।
## बाजार और अर्थव्यवस्था: क्या हुआ बड़ा बदलाव?
Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol “AMC”
Airtel Money is set to start trading on the London Stock Exchange later on Friday. | Photo Credit: STR New
Mobile payments firm Airtel Money is set to start trading on the London Stock Exchange later on Friday, a listing that may mark the largest initial public offering for the bourse in five years.
Existing shareholders including the Qatar Investment Authority and TPG Inc. offered 270 million shares at £1.96 apiece in the IPO, raising roughly £529 million ($698 million) in the process. The deal is expected to value Airtel Mobile Commerce NV, as the company is formally known, at about £5.3 billion.
Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol “AMC.”
## प्रमुख वित्तीय आंकड़े और कंपनियों का रुख
• Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol “AMC” • Airtel Money is set to start trading on the London Stock Exchange later on Friday. | Photo Credit: STR New • Mobile payments firm Airtel Money is set to start trading on the London Stock Exchange later on Friday, a listing that may mark the largest initial public offering for the bourse in five years. • Existing shareholders including the Qatar Investment Authority and TPG Inc. offered 270 million shares at £1.96 apiece in the IPO, raising roughly £529 million ($698 million) in the process. The deal is expected to value Airtel Mobile Commerce NV, as the company is formally known, at about £5.3 billion. • Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol “AMC.” • How the company trades will be the next test in London’s efforts to revitalize its capital markets. A strong first day would imply the city is fertile ground for IPOs and may encourage more companies to list on the LSE. At the same time, a debut that slips below the offer price would send a negative signal through the market, potentially deterring listing candidates. • London’s stock exchange has experienced a prolonged shortage of first • Airtel Money opted to proceed with its IPO at a volatile time for new listings, with several candidates in Europe and the US postponing imminent offerings amid rising interest rates and geopolitical instability. • To help drum up investor appetite, Airtel Money twice lowered its valuation expectations and chose to market shares at a fixed price instead of the customary range. Even so, it was London’s largest first • Airtel Money operates a range of branches and kiosks across Africa that are used to pay utility bills, arrange microloans and buy goods, according to its website. It processed $213 billion in the 12 months through June, with about 53 million monthly active users, the company has said previously.
## निवेशकों और उपभोक्ताओं के लिए जरूरी बातें
How the company trades will be the next test in London’s efforts to revitalize its capital markets. A strong first day would imply the city is fertile ground for IPOs and may encourage more companies to list on the LSE. At the same time, a debut that slips below the offer price would send a negative signal through the market, potentially deterring listing candidates.
London’s stock exchange has experienced a prolonged shortage of first
Airtel Money opted to proceed with its IPO at a volatile time for new listings, with several candidates in Europe and the US postponing imminent offerings amid rising interest rates and geopolitical instability.
To help drum up investor appetite, Airtel Money twice lowered its valuation expectations and chose to market shares at a fixed price instead of the customary range. Even so, it was London’s largest first
Airtel Money operates a range of branches and kiosks across Africa that are used to pay utility bills, arrange microloans and buy goods, according to its website. It processed $213 billion in the 12 months through June, with about 53 million monthly active users, the company has said previously.
The fintech’s IPO has been seen as a sign of success for efforts by London Stock Exchange Group Plc, the parent company of the exchange, to attract more listings from abroad. The LSE has recently created a new segment on the bourse for secondary listings from international firms, while FTSE Russell, which operates the FTSE UK indexes, made it easier for foreign companies to access the country’s benchmarks.
Citigroup Inc., Bank of America Corp., Barclays Plc, Goldman Sachs Group Inc. and JPMorgan Chase & Co. are arranging Airtel Money’s offering.
## ताजा स्थिति व आगे का अपडेट
विशेषज्ञों और पर्यवेक्षकों के अनुसार इस कदम के महत्वपूर्ण परिणाम सामने आ सकते हैं। आगे की आधिकारिक घोषणाओं की प्रतीक्षा है।
पूरी खबर, विस्तृत घटनाक्रम और विश्लेषण पढ़ने के लिए क्लिक करें
