thenationonlineng.net

MTN clears final hurdle for $6.2b IHS Towers acquisition

MTN Group logoMTN Group
Sig4.00Sen+5.20Env0.00Soc0.00Gov+2.80
IHS Towers logoIHS Towers
Sig4.25Sen+3.60Env0.00Soc0.00Gov+3.45

MTN Group cleared a final hurdle to buy IHS Towers after IHS shareholders approved the transaction, paving the way for MTN to proceed. The acquisition is linked to a pro forma profit of R2.011 billion for FY2025 and enables MTN to repurchase cellular towers and related infrastructure it previously sold. CEO Ralph Mupita said the deal strengthens MTN’s strategic and financial position.

Coverage (1)

ABOUT

What is Fimmer?

Most feeds treat all company headlines the same. An executive interview, an office closure, stock analysis, and a data breach can sit side by side with no sense of scale. Fimmer ranks coverage by what matters, so important events stand out and signals are prioritised over noise. We cluster related company news and score each story using a range of metrics, so you see the most crucial stories first.

SCORING

What do the scores mean?

Significance (0–10) measures the scale of the real-world impact. Sentiment and ESG (−10 to +10) indicate the tone of the coverage and whether the change relates to environmental, social, or governance factors. Together, these scores help distinguish meaningful developments from routine company news. More information about our scoring methodology can be found on our About page.

DISCOVERY

Explore more on Fimmer

Search more than 10,000 public companies, browse the company index, explore their scores, and read the coverage behind them, with our core features available to everyone for free.

For more advanced features, Pro gives you access to dynamic feeds, custom sorting, and more ways to track the companies that matter to you.

More with Pro