Africa’s biggest tower company IHS Holding looks to Asia and the Middle East

IHS Holding plans to enter new markets in the Middle East and Southeast Asia to bulk up ahead of a potential attempt to sell shares in either New York or London.

“We are actively looking to add additional towers from the Gulf area and we recently also looked at Southeast Asia,” he said. Based in Mauritius and with its main operations in Nigeria, IHS was seeking to raise about $1bn in New York, people familiar with the matter said at the time.“Our current deals and plans are funded from our balance sheet,” said Darwish. “At one point we might look at a bigger fund-raise that could include a listing on one of the big stock exchanges such as New York or London.”

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa’s biggest tower company IHS Holding looks to Asia and the Middle EastExpansion could lead to a possible listing in New York or London after 2018 IPO was abandoned
Source: BDliveSA - 🏆 12. / 63 Read more »

Africa’s biggest tower company IHS Holding looks to Asia and the Middle EastExpansion could lead to a possible listing in New York or London after 2018 IPO was abandoned
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: South Africa Extends Probe Into Africa’s Biggest Money ManagerPresident Cyril Ramaphosa granted a judicial commission an extra three months to finish its investigation into allegations of wrongdoing at the government workers’ pension-fund manager.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Woes of Africa’s Biggest Fund Manager Move Lawyer to VerseAccusations of dubious investment decisions and poor leadership at Africa’s biggest money manager have been staples of a long-running inquiry into the company’s dealings. But never in the form of poetry.
Source: dailymaverick - 🏆 3. / 84 Read more »