Friday 21 February 2020
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afkinsider - 1 month ago

Mobile Operator Airtel Plans To Raise $37.5M Through Malawi IPO

Following initial public offerings in Nigeria and London in 2019, mobile operator Airtel plans to list its Malawian subsidiary on the Malawi Stock Exchange.  The subsidiary, Airtel Malawi, expects to raise an estimated $37.5 million for a market capitalization of around $187.4 million, according to IndiaTimes. In June 2019, Airtel Africa completed its IPO on the London Stock [ ] The post Mobile Operator Airtel Plans To Raise $37.5M Through Malawi IPO appeared first on Moguldom.


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