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.
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