Telefónica continues its exit from Latin America and sells its subsidiary in Chile in a deal valued at up to 1.15 billion
Telefónica has agreed to sell its Chilean subsidiary in a deal potentially worth up to $1.375 billion, involving Milicom and NJJ Holding SAS.
Telefónica sells its subsidiary in Chile to the NJJ fund and operator Milicom for up to 1.156 billion, plus 479 million in debt
Telefónica has sold its Chilean subsidiary to NJJ and Milicom as part of its strategy to divest from Latin America and focus on core markets.