IHS Towers To Go Private In $6.2 Billion MTN Buyout - IHS Holding (NYSE:IHS), MTN Gr (OTC:MTNOY)

MTN strikes deal to acquire IHS Towers for $6.2 billion

The transaction requires various approvals for it to reach closure, and HIS will give up its quoted company status by delisting from the New York Stock Exchange once the whole process is concluded. The post MTN strikes deal to acquire IHS Towers for $6.2 billion appeared first on Premium Times Nigeria.

IHS Towers To Go Private In $6.2 Billion MTN Buyout - IHS Holding (NYSE:IHS), MTN Gr (OTC:MTNOY)

IHS Towers, a leading digital infrastructure provider in Africa, has agreed to an all-cash acquisition by MTN Group for $6.2 billion.

MTN to take full control of IHS Towers in deal valuing it at $6.2bn

MTN Group has agreed to take full control of IHS Holding, buying the roughly 75% stake it does not already own in a deal that values the tower operator at about $6.2bn, the companies said on Tuesday. Read more...

Nigeria: FG to review MTN’s acquisition of IHS towers over sector impact

The Ministry pointed to recent financial results released by major telecom operators, which it said show a return to improved profitability

MTN Reaches $6.2bn Deal to Fully Own IHS Towers

By Adedapo Adesanya MTN Group has agreed to take full control of IHS Holding, buying the roughly 75 per cent stake it does not already own in a deal that values the tower operator at about $6.2 billion. According to a statement, MTN, which is  Africa's biggest mobile operator, will pay $8.50 per share in cash.