Millicom (Tigo) comments on shareholder communication
Millicom International Cellular S.A. (TIGO)
Last millicom international cellular s.a. earnings: 5/1 04:01 pm
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Source: GlobeNewswire
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 offer for all outstanding shares in Millicom at a price of US$24 per share, and its SEK equivalent per SDR. The Board of Directors will carefully review any offer, should one be made. There is no certainty that a transaction will materialize nor as to the terms, timing or form of any potential transaction. -END- For further information, please contact: Press:Investors:Sofia Corral, Director Corporate Communications press@millicom.comMichel Morin, VP Investor Relations investors@
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News
- Millicom International Cellular S.A. (NASDAQ: TIGO) had its price target raised by analysts at Scotiabank from $26.80 to $30.00. They now have a "sector outperform" rating on the stock.MarketBeat
- Millicom International Cellular (NASDAQ:TIGO) Shareholders Will Want The ROCE Trajectory To Continue [Yahoo! Finance]Yahoo! Finance
- Does Millicom (TIGO) Retains Favorable Market Conditions? [Yahoo! Finance]Yahoo! Finance
- Millicom International Cellular S.A. (NASDAQ: TIGO) is now covered by analysts at JPMorgan Chase & Co.. They set an "overweight" rating and a $30.00 price target on the stock.MarketBeat
- Millicom (Tigo) comments on shareholder communication [Yahoo! Finance]Yahoo! Finance
TIGO
Sec Filings
- 5/24/24 - Form 6-K
- 5/23/24 - Form SC
- 5/23/24 - Form SC
- TIGO's page on the SEC website