IHS (US:IHS) Businesswire·2026-02-17 13:46Core Viewpoint - IHS Towers has agreed to sell its Latin America tower operations, including approximately 8,860 sites in Brazil and Colombia, to Macquarie Asset Management for an enterprise value of approximately $952 million, marking the company's exit from the Latin American market as part of its strategic initiatives aimed at shareholder value creation [1]. Group 1: Transaction Details - The Latam Tower transaction reflects an enterprise value of approximately $952 million [1]. - The transaction is expected to close later in 2026, subject to certain conditions being met [1]. - J.P. Morgan is acting as the financial advisor to IHS Towers for this transaction [1]. Group 2: Company Background - IHS Towers is one of the largest independent owners, operators, and developers of shared communications infrastructure globally, with over 37,000 towers across seven markets, including Brazil, Colombia, and others [1]. - Macquarie Asset Management manages US$477 billion in assets and aims to invest in wireless and digital infrastructure to support 5G network buildout in Brazil and Colombia [1].