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[The Viewpoint] Enforcement of Put Option in Contracts providing Assured Exit Returns through Foreign Awards in view of the FEMA Guidelines

The article discusses in-depth the "Put Option" clause, which when included in a contract, gives one party the right but not the obligation to sell their shares to a third party for a predetermined sum.
Exchange Board Of India Foreign Exchange Management Non Foreign Exchange Supreme Court Management Act Foreign Exchange Management

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Millicom (Tigo) and EPM agree to jointly capitalize UNE EPM Telecomunicaciones S.A. (Tigo-UNE) - Millicom Intl Cellular (NASDAQ:TIGO)

Millicom (Tigo) and EPM agree to jointly capitalize UNE EPM Telecomunicaciones S.A. (Tigo-UNE) Luxembourg, October 13, 2023 – Millicom announced today an agreement between Millicom and Empresas Públicas de Medellin
United States Telecomunicaciones Sa Tigo Millicom International Cellular Put Option Nasdaq Stockholm Tigo Business

Millicom (Tigo) and EPM agree to jointly capitalize UNE EPM Telecomunicaciones S.A. (Tigo-UNE)

Millicom (Tigo) and EPM agree to jointly capitalize UNE EPM Telecomunicaciones S.A. (Tigo-UNE) Luxembourg, October 13, 2023 – Millicom announced today an agreement between Millicom and Empresas Públicas de Medellin (“EPM”) to jointly capitalize UNE EPM Telecomunicaciones S.A. (Tigo-UNE). Each partner will contribute 300 billion Colombian pesos (approximately 71 million U.S. dollars) for a total capital contribution of approximately 142 million U.S. dollars to Tigo-UNE. ...
United States Telecomunicaciones Sa Tigo Michel Morin Millicom International Cellular Put Option Nasdaq Stockholm
Source: yahoo.com

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