TIGO stock news · Millicom
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Millicom has agreed to buy Entel Peru for $1.71 billion.
Good for TIGOMillicom signed an agreement to buy Entel Peru for US$1,714 million, including lease liabilities. It expects more cash for shareholders in year one, making this positive.
Technology and semiconductor stocks saw the most orders, with Direxion Daily Semiconductor Bull 3X Shares leading the way.
NeutralMillicom is named as a source of telecommunications exposure, but the report gives no company-specific change in its business outlook. The mention does not change how we read the company.