Airtel Uganda readies for a historic $216 million IPO

Airtel Uganda readies for a historic $216 million IPO

Airtel Uganda readies for a historic $216 million IPO - Airtel Uganda Ltd., a subsidiary of Airtel Africa Plc, is gearing up for an unprecedented move in Uganda's financial landscape – an initial public offering (IPO) with the goal of raising an impressive 800 billion shillings ($216 million). This historic IPO signifies the largest share sale in Uganda to date, demonstrating Airtel's commitment to engaging the local market and fulfilling regulatory obligations. IPO Details and Strategy Sources report that Airtel Uganda has set the price per share for the IPO at 100 shillings, effectively valuing the telecommunications giant at a…
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