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Friday, January 3, 2020

Malawi: Airtel Share Sale On Malawi Stock Exchange Under Intense Scrutiny - allAfrica.com

Malawi: Airtel Share Sale On Malawi Stock Exchange Under Intense Scrutiny - allAfrica.com: Multi-national mobile telecommunications network operator Airtel management decision to sell shares in the company has attracted mixed reactions as well as intense scrutiny with some Malawians already expressing reservations.

Aitel is offering a total of 2.2 billion shares at a price of K12.69 per share on the Malawi Stock Exchange (MSE), allowing the public for the first time to own part of the telecommunications firm.

he company's offer represents Malawi's largest Initial Public Offer (IPO) in the history of MSE listing.

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