Airtel Money slashes London IPO target to $800m on investor pushback

Airtel Money, the mobile financial services arm of Airtel Africa, is seeking to reduce its planned London initial public offering (IPO) target to $800 million. The decision follows pushback from investors, according to sources. The company had initially planned a larger IPO but has scaled back its ambitions. The move reflects challenges in the current market environment for new listings.

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