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A&O Shearman advises IHS Towers on its USD952m sale of Latin America tower operations to Macquarie Asset Management

A&O Shearman advises IHS Towers on its USD952m sale of Latin America tower operations to Macquarie Asset Management
Published Date
Feb 17 2026
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A&O Shearman represented IHS Mauritius BR Limited, part of IHS Holding Limited (NYSE: IHS) ("IHS Towers")—one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count—in the sale of its Latin America tower operations (“IHS Latam”) to Macquarie Asset Management. IHS Latam included approximately 8,860 sites reflecting an enterprise value of approximately USD9521m.
The transaction marks IHS Towers' exit from the Latin America region in line with its broader shareholder value-creation strategy. It is expected to close later in 2026, subject to, among other things, the satisfaction of certain conditions being met.

“This transaction underscores our ability to provide clients with seamless cross-border counsel on complex M&A transactions in the infrastructure space across the Americas. We are proud to have represented IHS Towers in its strategic efforts to enhance shareholder value"

The A&O Shearman team was led by New York-based M&A partner Romain Dambre; Energy, Natural Resources and Infrastructure (ENRI) partner Simon Clark; and M&A associate Sebastian de la Puente. The team also included New York-based Tax partner John Hibbard and associate Jose Rego; New York-based ENRI partner Jillian Ashley; New York-based Derivatives and Structured Finance partner James Bryson and associates Adele Hayer, Jessie Murchie, and Vincent Lafortune; New York-based Employment partner Melisa Brower and associate Hayde Faria; New York-based Intellectual Property partner Keren Livneh and associate Bertrand Nzabandora; New York-based Real Estate partner Adam Sofen and associate Madhura Banerjee; New York-based Environmental and Trade partner Ken Rivlin, counsel Maria Christopher Bell, and associates Emma Schaechter-Santander and Sarah Umstadt.

1Enterprise value is defined as anticipated cash consideration to be received plus borrowings less cash in the business and is inclusive of IFRS 16 lease liabilities.

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