Costa Rica: Reverse Move to Buy TelefonicaMillicom announced that it exercised its right to terminate the Share Purchase Agreement for the acquisition of Telefonica's operating subsidiary in the Central American country.Monday, May 4, 2020
Only eight months after the Telecommunications Superintendence authorized the economic concentration requested for Millicom to buy the shares of Telefónica de Costa Rica TC S.A., the parties announced that the agreement has been rescinded. ¿Busca soluciones de inteligencia comercial para su empresa?Do you need detailed information about your business sector? Contact UsNeed assistance? Contact us
(506) 4001-6423
El Salvador: Telefonica's Sale CancelledSeptember 2020 As a result of the conditions imposed by the Superintendence of Competition to carry out the operation, América Movil and Telefónica decided to cancel the agreement to purchase 99.3% of Telefonica Moviles El Salvador. Purchase of Telefonica in Costa Rica ApprovedSeptember 2019 The Superintendence of Telecommunications authorized the economic concentration requested for Millicom to acquire the shares of Telefonica de Costa Rica TC S.A. Telefonica Purchase Completed in PanamaAugust 2019 Millicom announced that it completed the acquisition of Telefonica Moviles Panama, S.A. through its subsidiary Cable Onda. Telefonica Sells Its Assets to MillicomFebruary 2019 The company reported that it signed an agreement with Millicom S.A. for the sale of all shares of Telefonica Costa Rica, Nicaragua and Panama, closing the transaction at $1.65 billion.
×
ok |
|