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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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