Archive · Guardian World
Does Airtel Money mark the end of London’s listing drought? Not yet | Nils Pratley
The biggest flotation in five years was a bit of a shoo-in. Let’s see what happens when overseas competition is tougherIndian billionaire’s payments firm plots biggest London flotation in yearsA win is a win, but we should probably contain our excitement about the biggest flotation in London for five years. Airtel Money, a payments processor that operates in 13 African countries and should be worth between £6bn and £7bn, is a welcome addition to the stock market but it would be a stretch to say the event marks a definitive change in the weather to end the listings drought.Why? Because, in a se...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Guardian World →