IFLR1000

Millicom $1.65 billion acquisition of Telefónica's assets in Panama, Costa Rica and Nicaragua

26/2/2019
Private acquisition
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$ 1.65 billion

Announced

26/2/2019

Overview:

  • Millicom, an international Luxembourg-based telecommunications company, has acquired Telefónica's assets in Costa Rica, Panama and Nicaragua for $1.65 billion. 

Rani Mehta - Latin America Editor

Jurisdictions:

Costa Rica
Nicaragua
Panama

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:
Arias

Party: Telefónica (Seller)

Lawyers: Ana Teresa Rizo, Lilian Arias, María Cristina Fábrega, Roberta Gallardo, Siaska SSS Lorenzo

BLP

Party: Milicom (Acquirer)

Lawyer: Luis M. Castro

Davis Polk & Wardwell

Party: Milicom (Acquirer)

Lawyer: William Aaronson

García & Bodán

Party: Milicom (Acquirer)

Lawyers: Federico Arturo Gurdián Sacasa, Terencio García Montenegro

Latham & Watkins

Party: Telefónica (Seller)

Lawyer: Antonio Del Pino

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