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Wireless

Helios Towers raises GBP 250 mln in London IPO

Thursday 17 October 2019 | 12:20 CET | News
The African operator Helios Towers has raised a total of GBP 250 million in its initial public offering of shares in London. The company sold 86.4 million new shares for 115 pence each, raising GBP 99 million, while existing shareholders sold another 131 million shares for GBP 150 million. This gives the company a free float of 21.7 percent and a market capitalisation of GBP 1.15 billion. 

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Categories: Mobile & Wireless
Companies: Helios Towers
Countries: Africa
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