MTN one step closer to sealing R101 billion deal

• MTN is indeed one step closer to sealing the R101 billion deal after IHS Holdings shareholders approved the acquisition.
• The deal, valued at $6.2 billion, has been in the works for over a year and will see MTN acquire all remaining shares in IHS, with some conditions still outstanding.
• With IHS shareholder approval secured, MTN is now closer to concluding the deal, which is expected to strengthen its strategic and financial position in Africa's growing digital infrastructure market.