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General

Liberty LatAm acquires Curacao-based operator UTS

Tuesday 26 March 2019 | 14:54 CET | News
Liberty Latin America (LLA), the spun-off unit of Liberty Global focused on Latin America and the Caribbean, has finalised a deal to acquire 87.5 percent of Curacao-based telecommunications operator United Telecommunication Services (UTS), confirming recent reports. LLA said it acquired all the shares owned by the government of Curacao in an all cash transaction that valued UTS at USD 189 million, representing a multiple of 6 times its 2018 adjusted Ebitda.

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Categories: General
Companies: Cable and Wireless / Liberty Global / Liberty Latin America / UTS
Countries: Caribbean
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