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Millicom has agreed to buy Entel Peru for $1.71 billion.

DealRead the original at globenewswire.com
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Millicom expects the deal to increase cash available for shareholders in its first year and expand its reach in stronger-rated markets. The 5.0x price measure leaves out future savings and integration costs, and closing conditions remain.

TIGO · Millicom

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The AI's read

It would give Millicom a larger presence in markets with stronger credit ratings and fit its plan to grow through shared networks and combined services. Millicom expects more cash to be available for shareholders in the first year after closing. The 5.0x price measure leaves out savings from the deal and integration costs, and closing conditions remain.

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