Airtel Africa drops 10% in early trade after Lagos listing
MTN floated its Nigerian unit in Lagos in May
10 July 2019 - 18:14
Lagos — Airtel Africa shares fell sharply on Wednesday, a day after its debut $4.4bn flotation in Lagos, mirroring a similar decline on the London stock market where the telecoms firm has its primary listing.
Airtel dropped 10% in early trade on Wednesday, hitting a low of 359.40 naira against an initial public offering price of 363 naira...
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