Cleary Gottlieb Steen & Hamilton LLP Advised Wendel On Voting Agreement Supporting Acquisition Of IHS Holdings Limited By MTN Group Affiliate
Cleary Gottlieb Steen & Hamilton LLP advised Wendel on voting agreement supporting acquisition of IHS Holdings Limited by MTN Group affiliate
The premier international law firm, Cleary Gottlieb Steen & Hamilton LLP advised Wendel, one of the largest shareholders of IHS Holdings Limited (“IHS Towers”), in connection with a voting agreement to support the acquisition of IHS Towers by an affiliate of MTN Group.
The transaction was announced on February 17, 2026, and is expected to close in 2026, subject to IHS Towers shareholder approval, regulatory approvals in the relevant markets, and customary closing conditions.
Founded in 2001, IHS Towers is one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, with a focus on emerging markets. The company operates over 37,000 towers across seven countries, including Brazil, Cameroon, Colombia, Côte d’Ivoire, Nigeria, South Africa, and Zambia.
Wendel is a leading listed European investment firm, pursuing long-term development strategies aimed at enhancing growth, margins, and market leadership of its portfolio companies.
The Cleary Gottlieb corporate team was led by Kyle Harris (Partner) and included David Friedman and Seung Yoon (Daniel) Nam (Associates).
Cleary Gottlieb Steen & Hamilton LLP is a premier international law firm founded in 1946, renowned for handling complex, high-stakes legal matters for multinational corporations, financial institutions, and sovereign governments. With 14 offices in major financial centers and ~1,100 lawyers, it excels in M&A, capital markets, antitrust, and litigation.
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