IHS HOLDING LTD $9.11 is a hold. This Cayman Islands incorporated firm (New York symbol IHS; Utilities sector; Shares outstanding: 333.6 million; Market cap: $3.0 billion; No dividend paid; Takeover Target Rating: Medium; www.ihstowers.com) operates roughly 40,000 cellphone towers in Africa, Latin America and the Middle East.
The company’s shares are now down 35% since it first sold shares to the public in October 2021 at $14.00 each.
Activist investment firm Blackwells Capital, which holds a stake of undisclosed size in IHS, wants the company to appoint more independent directors with relevant industry experience. It also wants IHS to re-incorporate in the U.S., which would strengthen its governance and disclosure requirements.
Even if Blackwells succeeds, we feel IHS’s political and currency risks outweigh the benefits of expanding communication services in emerging markets.
IHS Holding is a hold.
hold.
…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
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