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5.2

Airtel Money IPO: London's biggest listing in five years, but drought persists

Airtel Money, an African payments firm, is set to list in London with a valuation of £6-7bn, marking the largest flotation in five years. However, the listing is seen as a shoo-in due to its captive market, and analysts caution it does not signal an end to London's listings drought, especially with tougher overseas competition ahead.

Guardian World2 days agoGB, INengCredibility 29%View source

Score Breakdown

Mosaic Score5.2
Confidence0.9
Significance0.5
Source credibility0.3

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