MTN Group is in advanced talks to acquire the remaining approximately 75% stake in IHS Towers, valuing the deal at around $2.76 billion based on recent NYSE share prices.
This would grant MTN full control of the infrastructure firm, marking a shift toward greater asset ownership.
The proposed deal would be priced near IHS’s recent closing share price on the New York Stock Exchange, and if completed, it would give MTN full control over one of the world’s leading independent tower companies, shifting from an asset-light strategy to greater infrastructure ownership.
MTN has emphasized that no final agreement has been reached, and there is no certainty the transaction will proceed, advising shareholders to exercise caution.
Administrator and Writer
