Claro (AMX) Seeks Acquisitions Following 73% Stake in Desktop
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowClaro, a telecom operator owned by America Movil (AMX), is open to further acquisitions in Brazil after acquiring a 73% stake in internet provider Desktop for an enterprise value of 4 billion reais ($808.93 million). CEO Rodrigo Marques indicated that any new deals would focus on meeting customer needs. The acquisition's base equity price is approximately 2.4 billion reais after net debt deduction. The deal is pending approval from Brazil's CADE and Anatel authorities, which is expected by the end of 2026, highlighting Claro's commitment to expanding its footprint in Brazil's telecom market.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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