Yahoo Canada Web Search

Search results

      • Airtel Africa is set to sell an undisclosed minority stake in its Pan-African mobile money business to private equity firm TPG for $200 million (Sh21.9 billion), underlining the huge value of mobile financial service platforms.
      www.businessdailyafrica.com/bd/corporate/companies/airtel-sells-mobile-money-service-pe-firm-for-sh21-billion-3327878
  1. People also ask

  2. Airtel Africa (NGSE:AIRTELAFRI, MSE:AIRTEL) is set to sell an undisclosed minority stake in its Pan-African mobile money business to private equity firm TPG for $200 million (Sh21.9 billion), underlining the huge value of mobile financial service platforms.

  3. Mar 21, 2021 · Airtel Africa is set to sell an undisclosed minority stake in its Pan-African mobile money business to PE firm TPG for $200 million. TPG is investing in Airtel Money through its investment vehicle-The Arise Fund.

  4. Apr 1, 2021 · By selling off a minority stake in the mobile money business to The Rise Fund, Mastercard and other potential investors, the telecom operator believes it can raise enough cash to monetize...

  5. Mar 18, 2021 · In plain terms, LSE-listed Airtel Africa is raising USD 200 Mn for its mobile money business and giving up a small slice of the business. The same mobile money subsidiary also looks set to be spun into a separate business entity that may go public in the coming years.

  6. Jul 30, 2021 · Qatar Holding LLC, an affiliate of Qatar Investment Authority, the sovereign wealth fund of Qatar, is set to invest $200 million into AMC BV through a secondary purchase of shares from Airtel...

  7. Sep 26, 2024 · Airtel sells 20% of its mobile money business. At the beginning of April, the American company Mastercard announced that it was spending $100m to buy a stake in Airtel Mobile Commerce, thus pipping the Qatar Investment Authority (QIA) at the post by several months.

  1. People also search for