IHS Africa valued at fourteen times EBITDA, according to latest equity finance deal

In order to finance their deals in Cameroon and Cote d’Ivoire, and development in Nigeria, IHS Africa has announced the sale of 25% equity for $125m to European investment firm Wendel and its subsidiary Oranje-Nassau. This continues IHS’s efforts to raise US$400m to finance their ongoing African business development. Wendel becomes IHS Africa’s largest shareholder….

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