Brief: Millicom (Tigo) Announces Potential Acquisitions In Colombia

Millicom International Cellular

31/07/2024 06:33

July 31 (Reuters) - Millicom International Cellular SA
 MICC.F :
    * MILLICOM (TIGO) ANNOUNCES POTENTIAL ACQUISITIONS IN
COLOMBIA
    * MILLICOM - DISCUSSIONS INCLUDE POTENTIAL ACQUISITION BY
MILLICOM
OF TELEFONICA'S STAKE IN COLTEL FOR APPROXIMATELY $400 MILLION
IN CASH
    * MILLICOM - INTENDS TO OFFER TO PURCHASE EMPRESAS PÚBLICAS
DE
MEDELLIN'S (EPM) 50% INTEREST IN TIGOUNE
    * MILLICOM - PLANS TO FUND PROPOSED AGGREGATE INVESTMENT OF
ABOUT
$1 BILLION IN CASH,ASSUMED DEBT WITH EQUITY FREE CASH FLOW
PROJECTED OVER NEXT 18 MONTHS

Source text for Eikon:  ID:nGNX29YBqH 
Further company coverage:  MICC.F 

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