IHS to Sell Rwanda Business to Paradigm Tower Ventures

MT Newswires Live

05/20

IHS Holding (IHS) said Tuesday it has agreed to sell 100% of its Rwanda business for an enterprise value of $274.5 million to Paradigm Tower Ventures.

The company said it expects to close the transaction in H2.

IHS shares were up 1.4% in recent premarket activity.

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