GALA advised Millicom in the acquisition of an 80% stake in Cable Onda

Galindo, Arias & López once more reaffirmed its reputation as one of the leading Panamanian firms in mergers and acquisitions and the telecommunication industry by advising Millicom LIH, S.A. in connection with the purchase of an 80% stake in Cable Onda at an enterprise value of $1.460 billion dollars.

Millicom is a leading provider of cable and mobile services dedicated to emerging markets in Latin America and Africa.

The team advising Millicom in this transaction was led by Partner Diego Herrera and included Senior Associates Beatriz Cabal and Jose Luis Sosa.