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Liberty Latin America confirms bid to acquire Millicom

2019-01-15 08:58:00| Telecompaper Headlines

(Telecompaper) Liberty Latin America, the recently spun-off unit of Liberty Global focused on Latin America and the Caribbean, has confirmed an initial approach for rival Millicom, a Luxembourg-based company present in 13 countries in Latin America and Africa. Millicom had earlier announced that it had received a "preliminary highly conditional non-binding proposal" for all of its shares from Liberty Latin America, adding that "there is no certainty that a transaction will materialise."

Tags: america bid latin latin america

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