IHS Holding Ltd
No SEC Form 4 filings for $IHS in the last 30 days.
IHS Holding’s board backed MTN Group’s plan to take the telecom tower operator private, according to an SEC Schedule 13E-3 filing. Shareholders will vote at an EGM in London later this year on a $2.2 billion deal to buy all outstanding IHS shares for $8.50 cash each. If approved, IHS will be delisted from the NYSE. MTN affiliates and Oranje-Nassau Développement have support totaling over 40% of votes.
IHS Holding Ltd's EVP and Group General Counsel, Mustafa Tharoo, exercised fully vested Restricted Stock Units (RSUs) for 10,224 Ordinary Shares and also received a compensation-related award of 101,495 Ordinary Shares. After these transactions, Tharoo directly holds 778,874 Ordinary Shares. The Form 4 filing indicates these were acquisitions and no shares were sold.
IHS Towers announced the sale of its Latin American tower operations, including IHS Brazil and IHS Colombia, to Macquarie Asset Management for approximately $952 million. This move signifies the company's complete exit from the region and involves approximately 8,860 telecommunications tower sites. The transaction, expected to close later in 2026, aims to create shareholder value and aligns with IHS Towers' strategic initiatives.
