Airtel Africa falls on report unit weighs smaller London IPO
18/09/2026 12:08
BUZZ-Airtel Africa falls on report unit weighs smaller London IPO Updates
** Airtel Africa AAF.L falls as much as 9.7% to 322p; top loser on FTSE 100 index .FTSE
** Bloomberg News reported on Thursday that AAF unit Airtel Money was considering downsizing its London IPO
** Airtel Money seeks to raise at least $800 mln, substantially below its previous target of $1.5 bln-$2 bln, according to the report
** As of last close, AAF was flat YTD
(Reporting by Atharva Singh in Bengaluru)