IHS announces IPO pricing

Telecommunications shared infrastructure independent owners, operators and developers IHS Holdings has announced the pricing of its initial public offering (IPO) of IHS Towers’ 18-million ordinary shares at a public offering price of $21 a share. MTN, in a statement issued on October 14, said that the underwriters of the offering will also have a 30-day option to purchase up to an additional 2.7-million ordinary shares from IHS Towers at the IPO price, less the underwriting discount.

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