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Stock impact report

IHS Towers Announces Proposed Sale to MTN Group Limited for Approximately $6.2 Billion

IHS Holding Limited (IHS) 
US:NYSE Investor Relations: investor.ihsmarkit.com
Company Research Source: Business Wire
Proposed sale provides certainty and immediate returns for IHS Towers shareholdersKEY HIGHLIGHTSIHS Towers shareholders will receive $8.50 per share in cash, representing:Approximately 239% premium over IHS Towers’ share price at the announcement of the Company’s strategic review on March 12, 2024Approximately 36% premium to the 52-week Volume-Weighted Average Price (VWAP)Approximately 3% premium over IHS Towers unaffected closing share price of $8.23 on February 4, 2026Transaction values IHS Towers at an enterprise value of approximately $6.2 billionTransaction enables IHS Towers’ shareholders to crystallize the significant value created during the company’s strategic review processMTN has agreed to vote all of its IHS shares in favor of the transaction, and long-term IHS Towers’ shareholder, Wendel, has also provided a letter of support to vote in favor of the transaction. LONDON & NEW YORK--(BUSINESS WIRE)--IHS Holding Limited, (NYSE: IHS) (“IHS Towers” or the “Company”), one of Show less Read more
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