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

Core Viewpoint - IHS Holding Limited has announced a merger agreement to be acquired by MTN Group Limited for $8.50 per ordinary share, representing an all-cash transaction that values IHS Towers at an enterprise value of [1] Group 1: Merger Details - The acquisition is an all-cash transaction, indicating a straightforward financial arrangement without stock exchange [1] - The purchase price of $8.50 per ordinary share reflects the valuation of IHS Towers in the merger [1] - MTN Group Limited is identified as a pan-African mobile operator, highlighting its regional significance in the telecommunications sector [1]