UPDATE 2-Liberty Latin America in bid to acquire Millicom [Reuters]
Liberty Latin America Ltd. - Class C (LILAK)
US:NASDAQ Investor Relations:
libertyglobal.com/ir.html
Company Research
Source: Reuters
Exclusive: Liberty Latin America in bid to acquire Millicom - sources | Reuters 3 Min Read NEW YORK/FRANKFURT (Reuters) - Liberty Latin America Ltd ( LILA.O ), a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA TIGOsdb.ST with an acquisition offer, people familiar with the matter said on Monday. The deal would create one of the largest telecommunications carriers in Latin America, giving the combined company more heft to compete with some of the biggest players in the region, such as America Movil ( AMXL.MX ), Telefonica SA ( TEF.MC ) and AT&T Inc ( T.N ). Liberty Latin America, which is backed by U.S. media and telecommunications mogul John Malone, has been in talks with Millicom, a cable and mobile telephone operator in Latin America and Africa, about a deal for several weeks, and there is no certainty any agreement will be reached, one of the sources added. In addition to borrowing from banks, Liberty Lat
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