Brief: Millicom (Tigo) Acquires Telefonica Operations In Chile Jointly With Njj
10/02/2026 15:50
Feb 10 (Reuters) - Millicom International Cellular SA MICC.F:
MILLICOM (TIGO) ACQUIRES TELEFONICA OPERATIONS IN CHILE JOINTLY WITH NJJ, STRUCTURED TO CAPTURE STRATEGIC VALUE WHILE PROTECTING ITS BALANCE SHEET
MILLICOM: JOINT ACQUISITION THROUGH A 49%/51% PARTNERSHIP BETWEEN MILLICOM INTERNATIONAL CELLULAR S.A. ("MILLICOM") AND NJJ.
MILLICOM - DEAL INCLUDES $50 MILLION INITIAL PAYMENT AND $150 MILLION EARN-OUT
MILLICOM: TELEFONICA WILL BE REQUIRED TO ASSURE CLP 79 BILLION (APPROXIMATELY USD 92 MILLION) AT CLOSING FOR BALANCE SHEET STABILITY
Source text: ID:nGNX457Qp6
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