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Apollo Global, Claure considering team-up to buy Millicom, FT reports

Apollo Global Management (APO) is partnering with former SoftBank executive Marcelo Claure to explore a takeover of Millicom (TIGO) that could value the Latin American telecoms company at almost $10B, including debt, people familiar with the matter told Financial Times’ Joshua Franklin, Antoine Gara and Eric Platt. The group is considering a bid with "a high teens per share price" for Millicom, whose Nasdaq-listed shares closed at $14.83 on Tuesday, the report stated. Reference Link

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