América Móvil to Acquire Telefónica El Salvador and Guatemala for $648 Million
Cleary Gottlieb is representing América Móvil S.A.B. de C.V. (América Móvil) in connection with its acquisition of 100 percent of the outstanding shares of Telefónica Móviles Guatemala S.A. (Telefónica Guatemala) for $333 million and its entry into an agreement to acquire 99.3 percent of the outstanding shares of Telefónica Móviles El Salvador S.A. de C.V. (Telefónica El Salvador) for $315 million.