Advanced Television

Apollo Global Management

Millicom confirms takeover talks

As a response to market speculation, the Board of Directors of Latin America multiplay operator Millicom International Cellular S.A. has confirmed that a potential acquisition of all outstanding shares in the company is being discussed with Apollo Global Management and Claure Group. “There is no certainty that a transaction will materialise nor as to the […]

January 27, 2023By Colin Mann

Apollo pays $5bn for Verizon Media, renames Yahoo

US multiplay telco Verizon and alternative investment manager firm Apollo Global Management have confirmed that funds managed by affiliates of Apollo have entered into an agreement to acquire media and online business Verizon Media for $5 billion (€4.14bn). Verizon will retain a 10 per stake in the company, comprised of iconic brands such as Yahoo […]

May 4, 2021