Lumen to sell EMEA business to Colt for $1.8B
2022-11-03
Lumen Technologies and Colt Technology Services 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. This represents a very attractive multiple (~11x) for Lumen’s EMEA business and will create additional value for its shareholders. TheRead More…
