Tag Archive for 'stock exchange news'

Weak reception for Airtel Africa $750m IPO

Shares in Africa‚Äôs second biggest telecom company had a disappointing start in conditional trading on the London Stock Exchange today. The initial public offer had been priced at the bottom of the 80p-100p range, and in exchange trading it quickly plummeted 16% from 80p and by 4pm the shares had retreated to around 67p. Today […]