PE-backed telecoms tower operator IHS exploring IPO in US
IHS Holding Limited has announced it is exploring an initial public offering in the United States.
IHS is an independent owner, operator and developer of shared telecommunications infrastructure. The company has a presence in Nigeria, Côte d’Ivoire, Cameroon, Rwanda and Zambia as well as a handful of countries in the Middle East and South America.
IHS’s shareholders include African Infrastructure Investment Managers, Emerging Capital Partners, Wendel and the IFC, to name a few.
The timing, number of shares to be offered and price range of the proposed offering have not yet been determined. Any proposed offering would commence after the completion of a customary US Securities and Exchange Commission review process of a registration statement relating to the proposed offering and subject to market and other conditions.
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