MTN Group acquires remaining IHS Holdings stake in 6.2 billion dollar deal

MTN Group agreed to buy the remaining 75 percent stake in IHS Holdings for 8.50 dollars per share. The cash deal values the tower firm at 6.2 billion dollars.

Insights:
MTN Group Limited announced on February 17, 2026, that it has agreed to purchase the 75% stake it does not already own in IHS Holding Limited . The acquisition is structured as a cash transaction at a price of $8.50 per share, a move that will consolidate the ownership of the tower operator under the telecommunications group.
Delegates walk past the MTN logo at the Investing in African Mining Indaba 2024 conference in Cape Town, South Africa February 7, 2024. REUTERS/Esa Alexander
Delegates walk past the MTN logo at the Investing in African Mining Indaba 2024 conference in Cape Town, South Africa February 7, 2024. REUTERS/Esa Alexander
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