Nigeria sets 30% stake sell-down as condition for MTN-IHS $2.2bn acquisition deal

Daily Post Nigeria 25 Aug Nigeria

Nigerian authorities have approved MTN Group’s $2.2 billion acquisition of IHS Towers, but outlined conditions for the deal. The approval was granted by the Federal Competition and Consumer Protection Commission, FCCPC – Nigeria’s anti-competition regulator. The FCCPC, however, placed a condition on the approval, requiring MTN Group to sell down up to 30 percent of […] Nigeria sets 30%

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