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Biggest Share Sale! Telco Tycoon Billionaire Sunil Mittal s Airtel Aims for Record-Breaking IPO in THIS Country – Details

Airtel Uganda IPO: Billionaire Sunil Mittal-led telecom major Airtel is planning to launch its initial public offer (IPO) in Africa’s Uganda, which would be the nation’s biggest share sale. The IPO’s objective is to establish a source of future capital to support Airtel Uganda’s extensive growth strategy, ET Telecom quoted people aware of the matter as saying., Companies News, Times Now

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Sunil Mittal s Airtel plans Uganda s biggest IPO to raise $216 million

Sunil Mittal s Airtel plans Uganda s biggest IPO to raise $216 million
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Airtel plans Uganda s biggest IPO to seek over $200 million

Airtel Uganda priced its IPO at 100 shillings a piece valuing the nation’s second-biggest telecommunications carrier at 4 trillion shillings. The unit of billionaire Sunil Mittal’s Airtel Africa Plc is selling a 20 percent stake on the Uganda Securities Exchange to fulfil a regulatory requirement.

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Airtel Uganda plans $216 million IPO

Airtel Uganda plans to raise $216 million in an IPO, offering up to 20% stake in the company.

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Bharti Airtel s Uganda unit files for $216-mn IPO

Billionaire Sunil Mittal’s backed telecom services provider Airtel Uganda Ltd, a subsidiary of Airtel Africa plc, plans to raise 800 billion Ugandan shillings (UGX) or ..

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