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Airtel Africa to raise USD 750 mn via IPO, eyes London listing

NEW DELHI: Telecom operator Bharti Airtel on Tuesday said its subsidiary Airtel Africa expected to raise at least USD 750 million approx Rs 5189 crore through a public offer and subsequent listing on the London Stock Exchange

Updated At : 04:18 PM Jun 04, 2019 IST

“The offer is targeted to raise USD 750 million (plus primary greenshoe option of up to 15 per cent) and will be used to reduce net debt,” Bharti Airtel said in a regulatory filing.

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The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

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