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Indian billionaire’s payments firm plots biggest London flotation in years

The Guardian Business ·
Indian billionaire’s payments firm plots biggest London flotation in years

Sunil Bharti Mittal’s Airtel Money targets $9bn IPO in boost for ailing UK stock market A payments business that operates across Africa and is ultimately controlled by an Indian billionaire has announced its intention to float on the struggling London Stock Exchange .

Airtel Money, the mobile money arm of Airtel Africa, is planning one of the biggest UK listings in years, in a boost for the shrinking London market that has faced a string of recent departures .

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