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Articles tagged with: Vimplecom and Millicom International
VimpelCom Buys Majority Stake in Laos Mobile Network
Millicom has signed an agreement for the sale of its 74.1% holding in its Laos operation, to Russia's VimpelCom for approximately US$65 million in total cash proceeds, payable on completion. The transaction values the entire Laos operation at an enterprise value of approximately $102 million, which represents 7.5x estimated 2009 EBITDA. more