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0 0 0.00220913107511054 0.00294550810014734 0.00147275405007374 0.00147275405007374 0 -0.00736377025036816
Stock impact report

IHS Towers Completes Sale of Rwanda Operations to Paradigm Tower Ventures

IHS Holding Limited (IHS) 
US:NYSE Investor Relations: investor.ihsmarkit.com
Company Research Source: Business Wire
LONDON & KIGALI, Rwanda--(BUSINESS WIRE)--IHS Holding Limited, (NYSE: IHS) (“IHS Towers”), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has today announced the completion of the sale of 100% of IHS Rwanda Limited (“IHS Rwanda”) including its approximately 1,467 sites1 to Paradigm Tower Ventures through the Paradigm Infrastructure Holdings (PIH) vehicle, as part of a consortium with Convergence Partners Digital Infrastructure Fund L.P (“CPDIF”), British International Investment PLC (“BII”), and Société de Promotion et de Participation pour la Coopération Economique S.A. (“PROPARCO”).The sale of the company’s Rwanda operations is part of IHS Towers' strategic initiatives targeted at shareholder value-creation options.JPMorgan acted as financial advisor to IHS Towers on this transaction.About IHS Towers: IHS Towers is one of the largest independent owners, operators and developers of shared commun Show less Read more
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