IHS Towers Agrees to Be Bought by MTN Group for $6.2 Billion
WSJ·2026-02-17 15:42
Core Viewpoint - The telecommunications company MTN has agreed to acquire IHS shares at a price of $8.50 per share, representing a 36% premium over the company's one-year weighted average share price [1] Group 1 - MTN is a South Africa-based mobile operator [1] - The acquisition price of $8.50 per share indicates a significant premium, which may reflect MTN's confidence in IHS's future performance [1]