Millicom International Cellular S.A.

NASDAQ:TIGO  
29.78
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Mergers / Acquisitions

Millicom Says To Acquire Full Control Of Tigo Guatemala In $2.2 Bln Deal

Published: 11/12/2021 01:04 GMT
Millicom International Cellular S.A. (TIGO) - Reg-millicom (tigo) to Acquire Full Control of Tigo Guatemala.
Millicom - Signed an Agreement to Buy Remaining 45% Equity Interest in Its Jv Businesses in Guatemala From Our Local Partner for $2.2 Billion in Cash.
Millicom International Cellular Sa - Transaction is Expected to Be Accretive to Co's Cash Flow and Net Income.
Millicom International Cellular Sa - Transaction to Increase Millicom's Equity Free Cash Flow1 by About $200 Mln Before Incremental Financing Costs.