Luxembourg, July 31st, 2024 – Millicom (NASDAQ: TIGO) and Telefonica today announced that they have entered into a non-binding memorandum of understanding for the potential combination of Telefonica Colombia (Coltel) and TigoUne. The discussions include the potential acquisition by Millicom of Telefonica's stake in Coltel for approximately $400 million in cash. The proposed combined entity would rejuvenate Colombia's telecom sector by forming a robust telecom entity with the necessary scale and financial ca ...

Millicom also intends to offer to purchase La Nación's and other minority interests in Coltel for cash at the same purchase price per share offered to Telefonica. Additionally, Millicom intends to offer to purchase Empresas Públicas de Medellin's (EPM) 50% interest in TigoUne for cash at a comparable valuation multiple as the one implied by the Coltel acquisition. Regulatory Statement For further information, please contact: Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of f ...

Remuneration of Directors by distribution of Millicom (Tigo) shares Luxembourg, July 30, 2024 – Millicom International Cellular S.A. ("Millicom") announces that, in accordance with the resolution of its shareholders at the annual general meeting held on May 23, 2024, it has distributed a total of 31,682 shares to members of its Board of Directors representing the share-based portion of director remuneration for the period from the date of the 2024 AGM to the 2025 AGM, planned to be held in May 2025. Details ...

Group 1 - On July 1, 2024, Atlas Luxco S.à r.l. announced public offers to shareholders of Millicom International Cellular S.A. in Sweden and the United States, inviting them to tender their common shares with a nominal value of USD 1.50 per share [4][29] - The Independent Bid Committee of Millicom issued a statement and obtained a fairness opinion from Nordea Bank Abp, which led to an amendment to the combined Tender Offer Statement filed with the SEC on July 18, 2024 [1][7] - The Offers include a Swedish Offer and a US Offer, with the Offer to Purchase made public on July 1, 2024, and additional documentation available on Atlas' website [4][5][29] Group 2 - The Atlas Financial Advisor, Svenska Handelsbanken AB, is exclusively advising Atlas and is not responsible for providing advice to any other parties regarding the Offers [2] - A supplement to the Offer to Purchase will be prepared for the Swedish Offer, which will include the Independent Bid Committee's statement and the fairness opinion [5] - The Offers are subject to Swedish and Luxembourg law, and the procedures for extensions and settlements differ from those customary in the United States [23]

Millicom is planning to host a video conference for the global financial community on August 2, 2024, at 14:00 (Stockholm) / 13:00 (London) / 08:00 (Miami). Millicom (Tigo) notice of second quarter 2024 results and video conference Participants may also join the conference in listen-only mode by dialing any of the following numbers and entering the Webinar ID: 886 2640 8960: For further information, please contact: UK: +44 330 088 5830 Luxembourg: +352 342 080 9265 About Millicom Registration for the intera ...

Millicom's (Tigo) Independent Committee Issued Recommendation Under U.S. and Swedish Rules That Shareholders and SRD Holders Reject the Tender Offers Made by Atlas Luxco S.à r.l Luxembourg, July 15, 2024 – Millicom International Cellular S.A. ("Millicom") today announced that a committee of independent members of its Board of Directors (the "Independent Committee"), following deliberation and discussions with Millicom's financial advisors, has unanimously determined that the all-cash tender offers in the U. ...

The independent committee of the Board of Directors of Millicom (Tigo) unanimously recommends that shareholders and SDR holders not accept the public cash offers made by Atlas Luxco S.à r.l. and gives an update on Millicom's long-range plan (issued pursuant to the Swedish Takeover Rules) 1. Background The Offer Price represents: A negative premium of -1.4 per cent compared to the closing SDR price on Nasdaq Stockholm of SEK 258.0 on June 28, 2024, the last full trading day prior to the announcement of the O ...

Luxembourg, July 2, 2024 – Millicom announces, through Tigo Business, a new phase in its collaboration with Amazon Web Services (AWS) to jointly continue developing the adoption of cloud services. The two companies have signed a new agreement whereby Tigo Business will elevate its competencies and capabilities to the highest level to meet the growing demand for professional services and become the reference partner for AWS customers. Additionally, the telecommunications company is doubling down on its effor ...

"At Millicom/Tigo, we believe in the power of digital inclusion to transform lives and businesses. Agreements like this strengthen our commitment to providing Latin American companies with the tools and support they need to thrive in an increasingly digital world. By driving new capabilities, we not only strengthen our communities but also collaborate in building a digital ecosystem, which is essential for sustainable economic development and social progress in the region," said Marcelo Benitez, CEO of Mill ...

Luxembourg, July 01, 2024 (GLOBE NEWSWIRE) -- Press release Offer document regarding Atlas Luxco S.à r.l.'s public offers to the shareholders of Millicom International Cellular S.A. has been made public The offer document (the "Offer to Purchase") relating to the Offers has today been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (the "SFSA"). The Purchaser has, pursuant to Rule 14d-3 and Rule 13e-3 under the Securities and Exchange Act of 1934 (the "Exchang ...