Millicom Agrees to Acquire Entel Peru for $1.714 Billion
Millicom agreed to acquire Entel Peru for $1.714 billion, including lease liabilities, at five times its estimated 2026 EBITDA. The deal will be funded through local financing and cash reserves.
LUXEMBOURG (dpa-AFX) - On Friday, Millicom International Cellular S.A. (TIGO) agreed to acquire Entel Peru for $1.714 billion, including lease liabilities, at 5 times its estimated 2026 EBITDA. The acquisition will be funded through local financing and cash reserves.The payment will be made in thre…