Previous close | 101.02 |
Open | 101.02 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 101.02 - 101.02 |
52-week range | 72.85 - 111.25 |
Volume | |
Avg. volume | 9 |
Market cap | 4.385B |
Beta (5Y monthly) | 1.33 |
PE ratio (TTM) | 45.92 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 3.49 (3.46%) |
Ex-dividend date | 20 Jun 2023 |
1y target est | N/A |
Africa-focused cell tower operator IHS Holding Ltd and its second largest shareholder Wendel said on Tuesday they have reached an agreement on corporate governance matters, including lowering the ownership threshold for investors to nominate directors. IHS is embroiled in a shareholder dispute with mobile operator MTN Group, its largest shareholder with a 26% stake, along with the French financial investor Wendel and activist investor Blackwells Capital over governance issues. According to the Business Day publication, matters escalated when Wendel filed a case with the Grand Court of the Cayman Islands that sought to force a vote at IHS around governance proposals after the board failed to put them forward at its June shareholders' meeting.
French investment company Wendel said on Monday it was in exclusive talks to buy a majority stake in engineering consulting group Scalian for an enterprise value of 965 million euros ($1.06 billion). It is Wendel's first acquisition under CEO Laurent Mignon, who became head of the family-owned group late last year and last month announced a plan to build an asset management division. Under the planned deal, Wendel could invest up to around 550 million euros in equity alongside the management team and could hold a majority stake in the company, the statement said.