Key IHS Holdings Shareholder Blackwells Capital Demands CEO Steps Down

Blackwells Capital LLC, a long-term shareholder in African telecoms company IHS Holdings, has demanded the immediate replacement of IHS chairman and CEO Sam Darwish. In a statement, the investment firm also called for a reconstitution of the company’s board of directors, following the company’s recent poor performance. It follows last week’s announcement that IHS Towers…

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Blackwells Capital Reiterates the Need for Immediate Leadership Changes at IHS Holding Limited

NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells”), a long-term shareholder of IHS Holding Limited (NYSE: IHS) (“IHS” or the “Company”), today issued a statement regarding the urgent need for leadership changes at IHS, including a reconstitution of the Company’s Board of Directors (the “Board”) and the replacement of the CEO and Chair…

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Blackwells Capital Reiterates Support for the Combination of Global Net Lease and The Necessity Retail REIT

NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells”), an alternative investment management firm that is a shareholder of both Global Net Lease, Inc. (NYSE: GNL) (“GNL”) and The Necessity Retail REIT, Inc. (NASDAQ: RTL) (“RTL”), today reiterated its support for the companies’ proposed combination. Jason Aintabi, Chief Investment Officer of Blackwells, commented: “Blackwells…

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