Millicom Sells Part of its Stake in BIMA

Mauricio Ramos, CEO of Millicom, commented: "Being one of the founding shareholders of BIMA, we see this new strategic investment of a leading insurance company such as Allianz into the company as a big success, and as a testament that digital technology has the power to transform lives in emerging markets."

Millicom remains an investor in BIMA who has continued belief in the company's potential and supports its partnerships in Ghana, Tanzania, Senegal, Honduras and Paraguay. 

The sale is part of a larger transaction including sales by shareholders such as Leapfrog, a new investment by Allianz, and additional investment by existing shareholder Kinnevik. 

Press:

Vivian Kobeh, Corporate Communications Director
+1-305-476-7352 / +1-305-302-2858
[email protected]

Investors:

Michel Morin, VP Investor Relations 
+352-277-59094
[email protected]

Mauricio Pinzon, Investor Relations Manager 
Tel: +44-20-3249-2460
[email protected]             

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http://news.cision.com/millicom-international-cellular/r/millicom-sells-part-of-its-stake-in-bima,c2418460

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