IHS Closes Deal to Sell Rwanda Operations

IHS Holding Limited (IHS Towers), an independent tower company, has completed the sale of 100% of Rwanda operations to Paradigm Tower Ventures. First announced in May, the deal is worth $274.5 million, representing a transaction multiple of 8.3x adjusted EBITDA after leases, and includes about 1,465 sites. According to IHS Towers, the sale of the

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