Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Rumors: Kinnevik to divest major stake in telecom firm Millicom
December 21, 2018

International telecommunications and media company Millicom’s stock has risen in the past month while the Stockholm Stock Exchange has fallen significantly. A reason for the upturn is speculation about a bid for the telecom company to de-list the stock. Kinnevik currently owns 37% of the firm worth app. SEK 21bn. According to the article, the most reasonable buyer is broadband and cable provider Lilac (Liberty Latin America).

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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