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Millicom (Tigo) Agreed to Acquire Remaining 45% Equity Interest in Tigo Guatemala for $2.2B in Cash

Millicom announced today that it has signed an agreement to acquire the remaining 45% equity interest in its joint venture businesses in Guatemala (collectively, "Tigo Guatemala") from our local partner for $2.2 billion in cash. The transaction was signed today and is expected to close later today. As a result, Millicom will own a 100% equity interest in Tigo Guatemala.