Millicom International Cellular S.A. shares rise 1.24% intraday after reaching strategic agreement with EPM for merger process with ColTel.
ByAinvest
Friday, Aug 15, 2025 3:15 pm ET1min read
TIGO--
Millicom International Cellular S.A. rose 1.24% in intraday trading, following the announcement of a strategic agreement with EPM to facilitate the merger process with ColTel. The agreement includes Millicom's commitment to present an offer in EPM’s Law 226 sale process, with a minimum price of COP$418,741 per share of Tigo-UNE, representing a total consideration of approximately USD$520 million. This news is likely seen as positive for the company's acquisition strategy in Colombia.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
ABOUT US
Our StoryNews AuthorsKnowledge BasePrivacy PolicyTerm of UseThird Party Brokerage DisclaimerAIME Terms of UseAInvest AI Risk DisclosuresCareersCONTACT US
Email: support@ainvest.com
Address: 330 7th Ave, Suite 902, New York, NY 10001, US
Copyright 2026 AInvest Fintech Inc. All rights reserved.
Comments
No comments yet