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flag MTN acquires full control of IHS Towers for $6.2B, gaining African infrastructure and divesting Latin American assets.

flag MTN Group has agreed to acquire full ownership of IHS Towers in a $6.2 billion all-cash deal, paying $8.50 per share, a 36% premium to IHS’s one-year average share price. flag The transaction, pending regulatory and shareholder approvals, includes the divestiture of IHS’s Latin American assets to Macquarie Asset Management for $952 million. flag Wendel is selling its 19% stake for $535 million, receiving a 21% premium over net asset value. flag The deal, expected to close in 2026, will give MTN full control of IHS’s African tower network, enhancing its infrastructure ownership and operational efficiency.

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