Millicom International Cellular Stock Soars On Takeover Report - Read Who Is Interested In This LatAm Company
Millicom International Cellular Stock Soars On Takeover Report - Read Who Is Interested In This LatAm Company
Buyout group Apollo Global Management, Inc (NYSE: APO) has partnered with former Softbank Group Corp (OTC: SFTBF) executive Marcelo Claure to explore a takeover of Millicom International Cellular S.A. (NASDAQ: TIGO).
The takeover proposal could value the Latin American telecoms company at almost $10 billion, including debt, Financial Times reports.
The group weighed a bid at high teens per share price, valuing the …