Tag: MTN Group

Telecom

IHS Towers Board Approves MTN’s Takeover Deal

The board of IHS Towers has accepted an offer of $8.50 a share in a transaction that would see MTN Group increasing its shareholding to 100%, the mobile operator announced today. The potential transaction is subject to various approvals and the delisting of IHS from the New York Stock Exchange (NYSE). Earlier this month, the […]

Telecom

MTN Group Moves to Acquire Remaining 75% Stake in IHS Towers

MTN Group, Africa’s largest mobile network operator, has entered advanced discussions to buy the approximately 75 percent of shares in IHS Holding Limited (IHS Towers) that it does not already own, a move that would give the South African telecom giant full control of one of the world’s leading independent tower infrastructure companies. In a […]

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