Airtel Money是Airtel Africa旗下负责移动支付业务的部门。该公司计划在伦敦股市上市，目标估值约为70亿美元，这有望为近年来一直难以吸引大型企业上市的市场带来提振。
Airtel Money, the mobile money arm of Airtel Africa, is targeting a valuation of about $7 billion in its London stock market debut, offering a potential boost for a market that has struggled to attract major listings in recent years.
该公司周四表示，计划在首次公开发售中以每股1.96英镑的固定价格出售2.7亿股，募资约7.03亿美元，并预计于10月中旬上市。
The company said on Thursday that it planned to sell 270 million shares at a fixed price of £1.96 each in its initial public offering, raising about $703 million ahead of a mid-October debut.
过去十年来，随着企业转而寻求其他市场更高的估值，伦敦股市规模不断萎缩，促使英国简化上市规则，以吸引更多企业上市。
London’s stock market has shrunk over the past decade as companies have sought higher valuations elsewhere, prompting Britain to simplify listing rules in an effort to attract more issuers.
IPOX Research副研究员卢卡斯·穆尔鲍尔表示：“这笔交易表明，伦敦仍能吸引规模可观的国际IPO，但同时也表明这是一个买方市场，企业必须对估值持现实态度。”
“The deal is a sign that London can still attract a sizeable international IPO, but it also shows that this is a buyer’s market in which companies have to be realistic about valuation,” said IPOX Research Associate Lukas Muehlbauer.
Dealogic的数据显示，此次发行规模约为7.03亿美元，将是自Fermi Inc于2025年9月进行FRMI.O双重上市以来，伦敦规模最大的IPO。估值缩水Airtel Money的目标估值略低于此前报道的8亿美元交易规模，而这一交易规模本可使其成为伦敦五年来规模最大的IPO。
At about $703 million, the offering would be London’s largest IPO since Fermi Inc’s FRMI.O dual listing in September 2025, Dealogic data shows. VALUATION HAIRCUT Airtel Money’s targeted valuation is slightly below the reported $800 million deal size that would have made it the biggest London IPO in five years.
Mergermarket并购分析平台的萨缪尔·克尔表示：“显然，这是一套相当保守的结构。”他补充说，固定价格发行避免了IPO价格区间带来的“心理拉锯”，并为投资者提供了明确的选择，即要么接受，要么放弃。
“It’s clearly a conservative structure,” said Samuel Kerr at M&A analytics platform Mergermarket, adding that the fixed-price offer avoids the “psychodrama” of IPO price ranges and offers investors a clear take-it-or-leave-it choice.
Airtel Africa此前表示，选择伦敦作为Airtel Money首次公开发行的上市地点，是为了帮助这家聚焦撒哈拉以南非洲的金融科技公司接触广泛的国际投资者群体。该公司总部位于荷兰，并在迪拜设有战略办公室。
Airtel Africa had said it chose London for Airtel Money’s IPO to tap a broad international investor base for the Sub-Saharan Africa-focused fintech company, which is headquartered in the Netherlands and has strategic offices in Dubai.
在此次二次发行完成后，Airtel Money及其母公司不会获得任何发行收益，预计公司自由流通股本约为16.5%。其股票预计将于10月14日开始交易。
Following the secondary offering, which will not result in any proceeds to Airtel Money or its parent, the company is expected to have a free float of about 16.5%. Trading in its shares is due to begin on October 14.
出售股份的股东包括获TPG支持的私募股权投资者The Rise Fund II Aurora、卡塔尔主权财富基金Qatar Holding、支付公司万事达以及电信行业投资者Chimetech。
Selling shareholders include TPG-backed private equity investor The Rise Fund II Aurora, Qatari sovereign wealth fund Qatar Holding, payments company Mastercard and telecoms investor Chimetech.