IPO: Airtel Uganda Opens up Public Share Sale techweez.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techweez.com Daily Mail and Mail on Sunday newspapers.
Airtel Uganda aims to raise
800 billion Ugandan shillings by selling a 20%
stake to drive its expansion plans, the telecommunications firm
said on Tuesday, as it announced details of its initial.
Airtel Uganda managing director Manoj Murali said the company was offering 8 billion shares worth 800 billion Ugandan shillings ($216.22 million). Murali said the offer was opening immediately and would close on Oct. 31.