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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
GlobeNewswire News Room· 2024-07-15 13:20
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 ...
Millicom (Tigo) strengthens its cloud services offering for businesses
GlobeNewswire News Room· 2024-07-02 14:00
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 ...
Millicom (Tigo) strengthens its cloud services offering for businesses
Newsfilter· 2024-07-02 14:00
"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 ...
Offer document regarding Atlas Luxco S.à r.l.'s public offers to the shareholders of Millicom International Cellular S.A.
GlobeNewswire News Room· 2024-07-01 10:01
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 ...
Independent committee of Millicom (Tigo) board believes anticipated takeover offer by Atlas at a price of US$24 per share would significantly undervalue Millicom in light of expected financial performance
Newsfilter· 2024-06-27 21:15
Independent committee of Millicom (Tigo) board believes anticipated takeover offer by Atlas at a price of US$24 per share would significantly undervalue Millicom in light of expected financial performance Luxembourg, June 27, 2024 – A committee of independent members of the Board of Directors of Millicom International Cellular S.A. ("Millicom") confirms that it has been in communication with one of Millicom's shareholders, Atlas Luxco S.à r.l and its affiliates ("Atlas"), regarding the anticipated all-cash ...
Millicom (Tigo) comments on shareholder communication
Newsfilter· 2024-05-23 20:30
Press: Investors: Sofia Corral, Director Corporate Communications press@millicom.com Michel Morin, VP Investor Relations investors@millicom.com About Millicom Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for p ...
Millicom (Tigo) comments on shareholder communication
globenewswire.com· 2024-05-23 20:30
Millicom (Tigo) comments on shareholder communication Luxembourg, May 23, 2024 – The Board of Directors of Millicom International Cellular S.A. ("Millicom") confirms that it received today a non-binding expression of interest from one of its shareholders, Atlas Luxco S.à.r.l ("Atlas"). Consistent with the prior press release filed this morning by Atlas, and with the Form 13D filed by Atlas later today, the letter indicates that Atlas is exploring financing options to support a potential all- cash tender off ...
Millicom (Tigo) share repurchase activity
globenewswire.com· 2024-05-22 21:30
Luxembourg, May 22, 2024 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 17,164 of its Swedish Depository Receipts (SDRs) between May 20, 2024 and May 22, 2024, as detailed in the table below. With these transactions, the share repurchase program has concluded, with Millicom repurchasing 2 million shares, for a total amount of SEK 375,950,837 (approximately $35 million). | Trade | Number of SDRs | Daily average price paid* | Daily repurchase amount* | | --- | ...
Millicom (Tigo) share repurchase activity
Newsfilter· 2024-05-22 21:30
For further information, please contact: Millicom (Tigo) share repurchase activity Luxembourg, May 22, 2024 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 17,164 of its Swedish Depository Receipts (SDRs) between May 20, 2024 and May 22, 2024, as detailed in the table below. With these transactions, the share repurchase program has concluded, with Millicom repurchasing 2 million shares, for a total amount of SEK 375,950,837 (approximately $35 million). | Trade ...
Millicom(TIGO) - 2024 Q1 - Earnings Call Transcript
2024-05-08 18:35
Millicom International Cellular S.A. (NASDAQ:TIGO) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Michel Morin - VP, IR Mauricio Ramos - CEO Maxime Lombardini - President and COO Bart Vanhaeren - CFO Soomit Datta - New Street Research Stefan Gauffin - DNB Marcelo Santos - JPMorgan Oscar Ronnkvist - ABG Eduardo Rubi - UBS Hello, everyone and welcome to our First Quarter 2024 Results Call. This event is being recorded. The slides for today's presentation are available on our website along with the ea ...