.
MergerLinks Header Logo

New Deal


Announced

KKR to acquire 1.1k wireless communications towers from Millicom.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Colombia

wireless communications

communication towers

Telecommunications infrastructure

Acquisition

Private

Cross Border

Infrastructure

Single Bidder

Majority

Private Equity

Pending

Friendly

Synopsis

Edit

KKR, a global investment firm, agreed to acquire 1.1k wireless communications towers from Tigo Colombia, a subsidiary of Millicom, a Luxembourgish fixed line and mobile telecommunications services provider. Financial terms were not disclosed. "KKR seeks to develop the telecommunications industry in Latin America through best-in-class mission-critical assets such as fiber, towers and small cells. This acquisition – along with KKR's fiber investments in Chile, Colombia and Peru – underscores KKR's commitment to its digital infrastructure platform in LatAm. This important agreement with Tigo is in line with our strategy of long-term partnerships with leading companies in the region," Waldemar Szlezak, KKR Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US