Under The Terms Of The All-Stock Agreement, Liberty Latin America And Its Minority Partner In Costa Rica Will Hold An ~86% Interest And Millicom 14% In The Joint Operations
Portfolio Pulse from Benzinga Newsdesk
Liberty Latin America and its minority partner in Costa Rica will hold an approximately 86% interest, while Millicom will hold 14% in the joint operations under the terms of an all-stock agreement.
August 01, 2024 | 1:06 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Liberty Latin America and its minority partner will hold an 86% interest in joint operations in Costa Rica under an all-stock agreement.
The increased stake in joint operations could enhance Liberty Latin America's market position and operational control in Costa Rica, potentially leading to positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Millicom will hold a 14% interest in joint operations in Costa Rica under an all-stock agreement.
Millicom's reduced stake to 14% in the joint operations may have a neutral impact as it retains a minority interest, which might not significantly affect its overall business operations.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100