Lindahl advised Millicom on public offer from Atlas Luxco
Lindahl advised Millicom International Cellular S.A in relation to the unrecommended public offers by Atlas Luxco S.à r.l. for all shares and SDRs in Millicom. The offer price of USD 25.75 per share and SDR valued Millicom, based on all outstanding shares, at approximately USD 4.4 billion.
The shares and SDRs tendered in the offers corresponded to approximately 11.25 per cent of the share capital and the voting rights in Millicom. Following the offers Atlas own approximately 40.42 per cent of the share capital and the voting rights in Millicom.
Other legal advisors to Millicom in relation to the offers were Davis Polk & Wardwell LLP, Nord Advokater and Hogan Lovells (Luxembourg) LLP.
About Millicom
Millicom is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, Millicom provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of June 30, 2024, Millicom, including its Honduras Joint Venture, employed approximately 15,000 people and provided mobile and fiber-cable services through its digital highways to more than 45 million customers, with a fiber-cable footprint of about 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
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