Indian billionaire’s payments firm plots biggest London flotation in years

<p>Sunil Bharti Mittal’s Airtel Money targets $9bn IPO in boost for ailing UK stock market</p><p><a href="https://www.theguardian.com/business/nils-pratley-on-finance/2026/sep/23/airtel-money-london-stock-exchange-listing-drought">Nils Pratley: Does this mark the end of London’s listing drought? Not yet</a></p><p>A payments business that operates across Africa and is ultimately controlled by an Indian billionaire has announced its intention to float on the struggling <a href="https://www.theguardian.com/business/londonstockexchangegroup">London Stock Exchange</a>.</p><p>Airtel Money, the mobile money arm of Airtel Africa, is planning one of the biggest UK listings in years, in a boost for the shrinking London market that has <a href="https://www.theguardian.com/business/2026/jun/12/paddy-power-flutter-entertainment-delist-london-stock-exchange">faced a string of recent departures</a>.</p> <a href="https://www.theguardian.com/business/2026/sep/23/indian-billionaire-payments-firm-london-flotation-airtel-money">Continue reading...</a>