Telefonica Enters Into Non-Binding Deal With Millicom Group With Respect To Assets In Colombia
July 31 (Reuters) -Telefonica SA TEF.MC:
ENTERED INTO NON-BINDING AGREEMENT WITH MILLICOM GROUP TO EXPLORE POSSIBLE CORPORATE TRANSACTION, WITH RESPECT TO ASSETS THAT BOTH GROUPS HAVE IN COLOMBIA
POTENTIAL TRANSACTION IS SUBJECT TO SIGNING OF DEFINITIVE AGREEMENTS BETWEEN COS INVOLVED AND OBTAINING OF CORRESPONDING REGULATORY APPROVALS
POTENTIAL TRANSACTION MAY INVOLVE SALE OF TELEFONICA GROUP’S SHARES OF TELEFONICA COLOMBIA
Source text for Eikon: ID:nCNM9GYbMB
Further company coverage: TEF.MC
(Gdansk Newsroom)
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