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Telecom firm Lumen to sell Latin America business for $2.7 billion By Syndicated Content Jul 26, 2021 | 6:46 AM (Reuters) -Telecom company Lumen Technologies said on Monday it would sell its Latin American business to private equity firm Stonepeak for $2.7 billion. The business will operate as an independent, U.S.-headquartered portfolio company of Stonepeak after the deal closes and will be led by Hector Alonso, Lumen’s president for the region. Shares of Monroe, Louisiana-based Lumen rose 2.5% to $12.95 in premarket trading. AustralianSuper, the country’s largest pension fund, is also investing in the deal. The sale is expected to close in the first half of 2022.

United statesHector alonsoChavi mehtaAditya soniEva mathewsCenturylink incLumen technologiesLatin americanLouisiana based lumenஒன்றுபட்டது மாநிலங்களில்சவி மேத்தாஈவா மேத்யூஸ்சிஇஎன்டியுவ்ஆர்ஒய்எல்ஐஎன்கே இன்க்லுமேன் தொழில்நுட்பங்கள்லத்தீன் அமெரிக்கன்லூசியானா அடிப்படையிலானது லுமேன்