What is MTN Group trying to acquire?

MTN Group is in advanced discussions to acquire the remaining 75% stake in IHS Holdings Limited.

What is the goal of MTN Group's potential deal with IHS Holdings?

The goal is for MTN Group to gain full ownership of IHS Holdings, a tower infrastructure company.

How will the potential MTN Group and IHS Holdings deal be priced?

The potential deal is expected to be priced near IHS Holdings' last trading value as of February 4.

Home / Business and Economy / MTN Group Pursues 100% Ownership of IHS Towers

MTN Group Pursues 100% Ownership of IHS Towers

5 Feb

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Summary

MTN Group is in advanced discussions to acquire IHS Holdings.
The deal aims for MTN to gain full ownership of the tower company.
The potential price is near IHS's last trading value as of Feb 4.

MTN Group Pursues 100% Ownership of IHS Towers

MTN Group, Africa's leading mobile operator, has entered advanced discussions for a potential acquisition. The company is seeking to purchase the remaining 75% stake in IHS Holdings Limited, a significant tower infrastructure provider.

This strategic move aims to grant MTN Group full ownership of IHS Holdings. The potential transaction's valuation is anticipated to align closely with IHS's stock market trading value recorded on February 4. This development underscores MTN's ambition to consolidate its control over critical infrastructure.

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