Airtel Money slips beneath flotation price in London

Airtel Money shares dropped below their initial public offering price on Friday as the African payments business made a subdued London market debut despite demand for its shares substantially exceeding supply. The stock rose briefly to £2 before retreating to £1.93, three pence below the £1.96 offer price. That represented a decline of approximately 1.5% from the flotation price, reversing the mod