Millicom (Tigo) announces potential acquisitions in Colombia
TIGOMillicom(TIGO) GlobeNewswire News Room·2024-07-31 13:30

Millicom (Tigo) announces potential acquisitions in Colombia Luxembourg, July 31st, 2024 – Millicom (NASDAQ: TIGO) and Telefonica today announced that they have entered into a non-binding memorandum of understanding for the potential combination of Telefonica Colombia (Coltel) and TigoUne. The discussions include the potential acquisition by Millicom of Telefonica’s stake in Coltel for approximately $400 million in cash. Millicom also intends to offer to purchase La Nación’s and other minority interests in ...