America Movil sold its prepaid, no-contract mobile phone provider TracFone to verizon in the largest announced Latin American deal so far this year. (Photo: TracFone)
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Wednesday, October 7, 2020
Special Reports
Latin America M&As Fall 44%
Announced deals also fall 43% in Brazil during first nine months.
BY LATINVEX STAFF
Mexico-based telecom giant America Movil’s sale of its TracFone business to Verizon for $6.5 billion became the largest announced deal in Latin America during the first nine months this year, according to Latinvex research.
According to Refinitiv the total value of announced M&As in Latin America reached...
Keywords: Brazil, Cuba, Mexico, M&As
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