December 19, 2017 / 7:36 AM / a year ago

BRIEF-Millicom says to sell Rwanda business to Bharti Airtel

Dec 19 (Reuters) - Millicom:

* TO SELL ITS RWANDA BUSINESS TO BHARTI AIRTEL

* SAYS ‍TOTAL CONSIDERATION OF TRANSACTION IS APPROXIMATELY 6X 2017 ADJUSTED EBITDA, PAYABLE OVER TWO YEARS, CONSISTING OF A MIX OF CASH, VENDOR LOAN NOTE AND EARN OUT​

* SAYS ‍TRANSACTION IS SUBJECT TO REGULATORY APPROVALS​ Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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