IHS Holding (IHS) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
IHS Towers has entered into a definitive agreement to sell its 70% stake in IHS Kuwait to Zain Group for an enterprise value of $230 million, aiming to enhance shareholder value and reduce debt. This strategic move underscores the company’s focus on optimizing its financial position while highlighting the substantial value of its assets. The transaction, which is subject to regulatory approvals, is expected to conclude in the first half of 2025.
For further insights into IHS stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue