Apollo eyes $10 billion Millicom takeover, reveals the Financial Times

It's been a while since Apollo has been touted to as a potential acquirer in a large leveraged buy-out but hacks at the venerable Financial Times have done well to discover the firm is looking at purchasing Millicom, the Latin American telecoms operator.

According to the FT, Apollo has teamed up with Marcelo Claure, the former SoftBank executive, to explore a bid for the company that could value it around $10 billion, including debt...

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register
Date: Wednesday, 25 January 2023, 4:52 pm

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation