IHS Holding asks for JPMorgan help to fend off hostile takeover, Bloomberg says

IHS Holding (IHS) has tapped JPMorgan (JPM) for advice regarding an escalating standoff with its biggest investors over how the African tower operator is run, Bloomberg’s Loni Prinsloo reports, citing people familiar with the matter. The move comes as management is concerned that governance changes sought by MTN Group and Wendel SE, which combined own roughly 45% of IHS, could initiate a hostile takeover, the author notes.