BREAKING: MTN Reaches Agreement To Acquire IHS Towers Tn $6.2 Billion Deal [DETAILS]
MTN Group has reached an agreement to acquire IHS Towers, one of the world’s largest independent owners and operators of shared telecom infrastructure, in an all-cash transaction that values the company at an enterprise value of approximately $6.2 billion.
The deal follows weeks of negotiations between both parties, which had been publicly reported earlier this month.
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Under the terms of the merger agreement, IHS shareholders will receive $8.50 per ordinary share in cash, representing a 36% premium to its 52-week volume-weighted average price, and a modest 3% premium to its unaffected closing price of $8.23 on February 4, 2026.
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