Blackwells Capital Sends Letter to the Board of Directors of IHS Holding Limited Regarding the Immediate Need for Governance Enhancements
NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells”), a long-term shareholder of IHS Holding Limited (NYSE: IHS) (“IHS Towers” or the “Company”), today announced that it has sent a follow-up letter to the Company’s Board of Directors (the “Board”). READ MORE>>
Read MoreBlackwells Pushes for Board Overhaul at Cell-Tower Operator IHS
June 28 (Reuters) – Activist investor Blackwells Capital on Wednesday urged cell-tower operator IHS Holding Ltd to overhaul the company’s board by appointing new independent directors in a bid to offer more transparency to shareholders. Blackwells, a long-term shareholder of IHS, said that the IHS management has “no serious focus” and that its performance “does…
Read MoreActivist Investor Blackwells Joins Calls for Reform of IHS Board
Activist investor Blackwells Capital LLC joined IHS Holding Ltd.’s two biggest shareholders to demand the African tower operator reforms its board, in the latest escalation of a standoff over how the company is run. “Genuinely independent directors” are needed to improve IHS’s performance after it lost 60% of its value since going public in 2021, Blackwells Chief Investment…
Read MoreActivist Blackwells Pushes For New Directors at IHS
An activist investor is ratcheting up the pressure on IHS IHS -5.10%decrease; red down pointing triangle Holding, pushing for the cell-tower operator to appoint new independent directors to its board and offer investors more transparency to boost its stock price. Blackwells Capital, a long-term shareholder of IHS, says the board changes are necessary to reverse the company’s…
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