IHS fight with investors heats up as Wendel sues tower company
The second-largest shareholder goes to court in Cayman Islands to force a vote on governance proposals
11 July 2023 - 17:58
French investment group Wendel has filed a case with the Grand Court of the Cayman Islands that seeks to force a vote at IHS Towers around governance proposals after the board failed to put them forward at its June shareholders meeting.
The case is the latest in a series of events that sees IHS, which was co-founded in 2001 by current CEO Sam Darwish, at odds with its investors over governance issues...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.