TPG arm to invest $200 million in Airtel Africa's mobile money biz

“The Rise Fund, the global impact investing platform of leading alternative investment firm TPG, will invest $200 million in Airtel Mobile Commerce BV ("AMC BV"), a wholly owned subsidiary of Airtel Africa plc (the "Transaction"),” Airtel said in an exchange filing on Thursday.

from Banking/Finance-Industry-Economic Times https://ift.tt/2ON5Acz