InsideArbitrage Potential Deal Alert: Apollo (APO) and Marcelo Claure explore buyout of LatAm telco Millicom (TIGO)

  • January 25, 2023


Stock Millicom International Cellular S.A. Symbol TIGO
Date Announced 01/25/2023 Source Financial Times
Type Unsolicited Bid Acquiring Company/Person Apollo Global Management

According to Financial Times, buyout firm Apollo Global Management (APO) has teamed up with former SoftBank executive Marcelo Claure to explore a takeover of Millicom International Cellular (TIGO) that could value the Latin American telecoms operator at almost $10 billion, including debt.


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