One of the bookrunners handling Airtel Africa’s planned initial public offering on the London Stock Exchange said it had received indications of interest worth about USD 200 million from pre-IPO investors, Reuters reported. Airtel Africa has set a price range of GBP 0.80 to GBP 1.00 per share for its IPO, which is expected to raise GBP 595 million from the issue.

Source: Telecompaper.com