Latham & Watkins Advises IHS Towers in US$6.2 Billion Acquisition by MTN Group Limited

IHS Holding Limited (NYSE: IHS), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has announced that it has entered into a merger agreement to be acquired by MTN Group Limited, a pan‑African mobile operator, for US$8.50 per ordinary share in an all‑cash transaction that values IHS Towers at an enterprise value of approximately US$6.2 billion.

Latham & Watkins LLP represents IHS Towers in the transaction with a corporate deal team led by New York Capital Markets partners Marc Jaffe and Ian Schuman, Bay Area/New York M&A partner Josh Dubofsky, New York M&A partner Javier Stark, and New York M&A counsel Natasha Burnett, with associates Miles Gilhuly, Lady Africa Sheppard, and Owen Brody with assistance from Kiuree Kim. Advice was also provided on capital markets matters by New York partner Benjamin Cohen and New York counsel Emily Corbi, with associate Sara Johnson; on benefits and compensation matters by New York partners Bradd Williamson, Max Raskin, and Alisa Hand, London partner Sarah Gadd, and London counsel Rebecca Fielding, with associates Peter Dalmasy and Seokwon Lee; on tax matters by New York partner Matthew Dewitz, London partner Karl Mah, and London counsel James Leslie, with associate Jack Santoro; on US antitrust matters by Washington, D.C. partners Amanda Reeves and Lindsey Champlin; on ex‑US antitrust matters by Brussels partners Héctor Armengod and Tomas Nilsson and Hamburg partner Jana Dammann; on finance matters by London partners Hendrik Smit and Julie Van der Meersche; and on securities matters by Washington, D.C. partner Michele Anderson and New York partner Jason Hegt.