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Colombia: Millicom Sets Conditions with Epm to Keep Full Control of Tigo Colombia and to Be Able to Concretize Fusion with Colombian Subsidiary Telefónica
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On August 14, the telecoms company Millicom announced an important agreement with Empresas Públicas Medellin (EPM), its partner in the Colombian operator Tigo at a percentage of approximately 50% each. The pact consists of two transcendent parties. On the one hand, Millicom promised to present a low price offer of COP 418.741 (USD 104.3 approximately) per share in the process that EPM initiated to sell the percentage it owns in Tigo, a fact that…
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