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IHS Towers eyes MTN Tower assets in potential $2bln deal

Image Credit: Benzinga

IHS Towers, the mobile communications infrastructure company backed by a number of leading private equity and infrastructure funds, is said to be in initial talks to acquire towers from South Africa’s MTN Group in a deal that would be worth as much as $2 billion. Bloomberg reports that while MTN Favors a transaction with IHS, a deal has not been agreed and may not happen.

Read more at Bloomberg…

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