Billionaire Xavier Niel's Atlas Luxco Sarl offers a $4.1B deal to buy Millicom International Cellular SA's shareholders.
Billionaire Xavier Niel's Atlas Luxco Sarl offers $4.1B deal to buy out Millicom International Cellular SA's shareholders. Millicom, providing fixed and mobile telecom services under the Tigo brand, has operations in 8 Latin American countries and serves over 50 million subscribers. Millicom's board has not yet made a formal recommendation on the bid, which has been backed by funds available to Atlas and financing provided by banks.
July 01, 2024
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