Shares in telecom tycoon Sam Darwish’s IHS Towers plunge 18 percent after recent IPO on NYSE
The listing still managed to raise $378 million to fund the company’s growth plans.
IHS Towers
Sam Darwish’s IHS Towers makes moves to erect and lease telecom towers in Egypt
IHS Towers is a Nigeria-based telecommunication infrastructure company, operating internationally.
Telecom tycoon Sam Darwish’s IHS Towers begins IPO on NYSE
The company and its shareholders will split the 22.5 million ordinary shares to be listed in the IPO.