IHS fight with investors heats up as Wendel sues tower company

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IHS fight with investors heats up as Wendel sues tower company
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Second-largest shareholder goes to court in Cayman Islands to force a vote on governance proposals

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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...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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