February 28, 2019 |
Liberty Latin America will likely resume the hunt for more M&A targets after losing the race to grow its mobile phone business in Central America, LatinFinance has heard.
"In the more recent round of consolidation, they failed to come away with any pieces," said an equity analyst in New York who follows Liberty. "But I expect them to become very active and continue to look for acquisition targets across Latin America."
Liberty abandoned an offer to buy Millicom International Cellular in late
US-based telecom could revise its offer to buy Millicom or look for other acquisitions in Latin America, analyst says