(Bloomberg) -- Apollo Global Management Inc. and former SoftBank Group Corp. executive Marcelo Claure are in talks to acquire Millicom International Cellular SA, the Latin American telecommunications firm said in a statement Wednesday. Most Read from BloombergHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksIBM to Cut About 3,900 Workers, Still Hiring in ‘Higher Growth’ AreasUS Confronts China Over Companies’ Ties to Russia War EffortNYSE Mayhem Traced to a Staffer Who Left a Back
MILAN (Reuters) -Italian gaming company Lottomatica said it was considering a potential public listing among strategic options to support growth, as it reported a rise of at least 7% in pro-forma fourth quarter core profit excluding the acquisition of Betflag. An initial public offering, which sources had told Reuters could take place in the second quarter, would help to leave behind a dry spell in the IPO market which suffered in 2022 as inflation and high interest rates stoked volatility. Backed by Apollo Global Management, Lottomatica has been working on the possible IPO with UniCredit, Goldman Sachs, Barclays, Deutsche Bank and JPMorgan.