Lumen Enters into Agreement Regarding Divestiture of EMEA Business to Colt Technology Services for $1.8B
Transaction will strengthen Lumen's financial position and sharpen strategic focus DENVER and LONDON, Nov. 3, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Colt Technology Services (Colt), a digital infrastructure company, announce today they have entered into an exclusive arrangement for the proposed sale of Lumen's Europe, Middle East and Africa (EMEA) business to Colt for $1.8 billion....
Source: asiaone.com