Airtel Money, the mobile money arm of Airtel Africa, intends to file for a public listing in London, it said on Wednesday, marking a potential turning point for a market that has faced a prolonged slowdown in new listings. The company had originally targeted a listing in the first half of 2026 but delayed it…
The $2.3 billion initial public offer of shares in India’s National Stock Exchange has received a frenzied response from investors, drawing bids worth more than $10 billion despite its hefty price-to-earnings multiple, which values it above several U.S. stock exchange businesses such as Nasdaq. Driven by strong demand from institutional and high-net-worth buyers, the NSE…
Airtel Africa is considering cutting the size of Airtel Money’s planned London initial public offering after feedback from investors, as the mobile payments business moves closer to a listing that could start as soon as next week. The company is now seeking to raise at least $800 million, below an earlier target of $1.5 billion…
Dangote Petroleum Refinery opened its initial public offering on September 14, starting a share sale that could raise ₦2.15 trillion, or about $1.6 billion, in Africa’s largest IPO. The company is offering 4.1 billion shares at ₦525 each. The offer closes October 13, with trading on the Nigerian Exchange expected to begin in November. The…
Dario Amodei, co-founder and chief executive officer of Anthropic, during an interview on “The Circuit with Emily Chang” at Anthropic’s headquarters in San Francisco, California, US, on Thursday, April 30, 2026. Jason Henry | Bloomberg | Getty Images Anthropic’s road to an IPO just got a lot bumpier. While the Claude creator meets with prospective…
Dario Amodei, co-founder and chief executive officer of Anthropic, during an interview on “The Circuit with Emily Chang” at Anthropic’s headquarters in San Francisco, California, US, on Thursday, April 30, 2026. Jason Henry | Bloomberg | Getty Images OpenAI CEO Sam Altman now says his company will not go public this year, citing growing concerns…
Bonnie Chan, chief executive officer of Hong Kong Exchanges & Clearing Ltd. (HKEX), during the Asian Financial Forum in Hong Kong, China, on Tuesday, Jan. 27, 2026. The forum runs through today. Photographer: Lam Yik/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Hong Kong’s IPO pipeline is supported by companies beyond the ‘fashionable’…
As Anthropic prepares for a landmark initial public offering, Wall Street is looking unusually far into the future to value the artificial intelligence startup. Bankers and institutional investors are calculating the company’s enterprise value based on projected 2028 revenues of $190 billion to $200 billion. By anchoring valuation models to metrics two years out, underwriters…
The potential investment in OPay followed Standard Bank Group’s disclosure that it plans to increase its investments in companies across Africa in June. Africa’s largest bank by assets, Standard Bank Group is in negotiations with Nigerian fintech company OPay ahead of the latter’s planned initial public offering (IPO) in the United States. OPay is working…
Dangote Petroleum Refinery has filed an initial public offering application with Nigeria’s Securities and Exchange Commission, moving the company closer to a listing on the Nigerian Exchange. SEC Director-General Emomotimi Agama said the refinery’s advisers are working with the regulator and that the company is targeting September 2026. No offer or listing date has been…
