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0.0132530120481927 0.0168674698795181 0.0168674698795181 0.0168674698795181 0.00256626506024098 -0.00722891566265066 -0.00722891566265066 -0.0174698795180722
Stock impact report

IHS Towers Agrees to Sell Latin America Tower Operations to Macquarie Asset Management

IHS Holding Limited (IHS) 
US:NYSE Investor Relations: investor.ihsmarkit.com
Company Research Source: Business Wire
LONDON & SÃO PAULO--(BUSINESS WIRE)--IHS Mauritius BR Limited, part of IHS Holding Limited (NYSE: IHS) (“IHS Towers” or the “Company”), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has agreed to sell its Latin America tower operations (“IHS Latam”), inclusive of IHS Brazil1 and IHS Colombia and its approximately 8,8602 sites to Macquarie Asset Management (the “Latam Tower transaction”).The Latam Tower transaction, reflecting an enterprise value3 of approximately $952 million, marks our exit from the Latam region as part of our strategic initiatives targeted at shareholder value-creation.Sam Darwish, Chairman & CEO, IHS Towers, commented, “We are today announcing the sale of our Latam tower operations to Macquarie Asset Management, marking our exit from the Latam region. We are deeply grateful to our colleagues, customers and other stakeholders who have enabled us to scale our Latam tower portfo Show less Read more
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