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moves money TechAfrica News August 05, 2026

MTN Moves Closer to $6.2 Billion IHS Acquisition After Shareholder Approval

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MTN Group has moved a step closer to completing its proposed acquisition of IHS Holding Limited after IHS shareholders overwhelmingly approved the transaction at an Extraordinary General Meeting (EGM) held on 4 August 2026. The approval satisfies one of the key conditions required for the deal to proceed, with regulatory approvals across relevant markets still pending. The proposed acquisition, first announced in February 2026, will see MTN acquire the remaining shares in IHS Holding Limited, br

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