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Stock Market & Financial Investment News

News Breaks
August 3, 2014
13:32 EDTMICCMillicom gets final regulatory approval to merge with UNE
Millicom announced that the proposed merger of its Tigo operation in Colombia with UNE has been given the last of the authorities’ regulatory approvals by the country’s Finance Superintendent. Millicom will now work with EPM, the owner of UNE, to complete the transaction and prepare a joint shareholder meeting within the next few weeks. Following the meeting, it intends to announce the directors and officers of the merged company. A further announcement on the effective date will be made shortly.
News For MICC From The Last 14 Days
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February 8, 2016
05:36 EDTMICCMillicom to sell DRC business to Orange
Millicom announced that it has signed an agreement for the sale of its Tigo business in the Democratic Republic of Congo, or DRC, to Orange S.A. The transaction is subject to regulatory approvals. Millicom will sell 100% of the share capital in Oasis SA for a total cash consideration of $160M.

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