M&A Deal Summary |
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Date | 2024-12-02 |
Target | IHS Kuwait |
Sector | Infrastructure |
Buyer(s) | Zain Group |
Sellers(s) | IHS |
Deal Type | Divestiture |
Deal Value | 230M USD |
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Zain Group is a provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa. Zain Group was founded in 1983 and is based in Kuwait, Unite Arab Emirates.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Infrastructure) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (United Arab Emirates) | 1 of 1 |
Year (2024) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Company |
---|---|
Founded | 2001 |
Sector | Communications |
Employees | 2,988 |
Revenue | 2.1B USD (2023) |
IHS is one of the largest independent owners, operators, and developers of shared telecommunications infrastructure in the world. IHS provides mission-critical telecommunications infrastructure to customers, most of who are leading MNOs, who in turn provide wireless voice and data services to their end-users. IHS was founded in 2001 and is based in London, United Kingdom.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Infrastructure) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (United Arab Emirates) | 1 of 1 |
Year (2024) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-01-24 |
SP5
São Paulo, Brazil SP5 comprises 2,115 towers that represents the culmination of strategy to create an important infrastructure business focusing on historically underserved regions of Brazil. |
Buy | $315M |