Millicom (Tigo) Announces Successful Bid for EPM’s Stake in UNE
7 Articles
7 Articles
The proposed purchase was equivalent to the minimum selling price approved by the EPM Board of Directors of $418,741 per share
EPM left Tigo, after selling its shares to Millicom. Valora Analitik Empresas Públicas de Medellín issued a statement in which it announced that, in the development of the program to alienate the shares of its property at UNE EPM Telecommunications (Tigo), on January 27, 2026, the Adjudication Hearing was held. At this hearing, 5,014,955 class A and 3 class B shares were awarded, which were held by Millicom Colombia Holding. The payment period f…
The process, which lasted for several months, closes a chapter of more than a decade of society in the telecommunications sector.
Empresas Públicas de Medellín (EPM) sold all its shares in UNE to Millicom Colombia Holding S.A.S., a company of the Millicom Group, during the Adjudication Hearing held on Tuesday, January 27. Other news: This would be the date of delivery of the Parque Primavera Norte that advances in 10% execution The operation was carried out in accordance with the Regulations of Disposal of the Second Stage and the provisions of Law 226 of 1995. At this sta…
Millicom reported on Tuesday, January 27, that 100% of the remaining shares owned by Empresas Públicas de Medellín (EPM) in UNE EPM Telecomunicaciones S.A. Colombia (commercially known as Tigo Colombia) were awarded after presenting the winning bid at the public auction advanced by EPM, announced in July 2025. Millicom’s offer was 418,741 Colombian pesos per share, about $115, which is equivalent to a total consideration of close to 2.1 trillion…
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