Years of rapid, debt-backed expansion have caught up with IHSHoldingLimited, forcing the Africa-focused tower giant into a sweeping. read more IHS Towers’ profit squeeze forces asset sales as MTN steps in to absorb $4.8bn debt burden ....
MTN Nigeria (MTNN) shares surged to a historic high of N780 per share on Thursday, as investors reacted with overwhelming. read more MTNN stock hits all-time high as investors price in IHS deal ....
In a move that signals a tectonic shift in the global telecommunications infrastructure landscape, IHSTowers (NYSE. IHS) has entered into a definitive agreement to be acquired by its largest shareholder, MTNGroup.
Morgan as financial advisor to IHSHoldingLimited (IHS Towers), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, on ...
IHSTowers’ Board of Directors unanimously approved the transaction and recommended it to shareholders ...MTN, which already held roughly 24 per cent of IHS on a fully diluted basis, committed to vote its shares in favour of the deal.
MTNGroup said Wednesday the board of New York-listed IHSTowers had accepted a R35 billion offer, or $8.50 a share, in a deal that will see MTN increasing its shareholding to 100% ... MTN has approximately 24.7% shareholding in IHS.
) MTNGroup Agrees to Acquire IHSTowers ... MTN Agrees to Acquire 100% of IHS. Acquisition of 75.3% of IHS for $8.50(1) per IHS share ... Values IHS ex-LatAm at 5.8x EV/EBITDA(3) ... MTN's Relationship with IHS in Africa ... % MTN Revenue in IHS Markets(1). ... IHS.
IHS HOLDING LIMITED, ... AGREEMENT AND PLAN OF MERGER (this "Agreement"), dated as of February 17, 2026 (the "Agreement Date"), by and among IHS HoldingLimited, an ... IHS Holding Limited.
The telecommunications company said that MTN, a South Africa-based mobile operator, has agreed to pay $8.50 a share to IHS shareholders, which it said was a 36% premium to the company’s one-year weighted average share price as of Feb. 4 ... .
IHSHoldingLimited has agreed to be acquired by MTNGroup Limited in an all-cash transaction valued at approximately $6.2. read more MTN strikes $6.2bn deal to buy back IHS Towers ....