Wireless tower operator may deliver Africa’s biggest IPO in the US
Listing could value IHS Holding at $7bn, but the number of shares and price range have not yet been decided
18 August 2020 - 20:37
Wireless towers operator IHS Holding is exploring a potential initial public offering (IPO), French shareholder Wendel said on Tuesday, in a deal that could be the biggest listing by an African company in the US.
IHS on Friday flagged the listing, saying the timing, number of shares to be offered and price range of the proposed offering are yet to be determined...
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