MTN, Africa's biggest mobile operator, will pay $8.50 per share in cash. The deal will be funded through the rollover of MTN's existing stake of around 24% in IHS, as well as about $1.1 billion in cash from MTN, roughly $1.1 billion from IHS's balance sheet, and the rollover of no more than existing IHS debt, the companies said in a joint statement.
from Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/BRdbjWF
Tuesday, February 17, 2026
MTN to take full control of IHS Holding in deal that values tower operator at $6.2 billion
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