Home › Lumen mulls $5bn sale of consumer biz to Apollo Global Management
 

Keywords :   


Lumen mulls $5bn sale of consumer biz to Apollo Global Management

2021-07-15 02:00:00| Total Telecom industry news

According to reports from Bloomberg, Apollo Global Management is in discussions to acquire a selection of consumer business assets from Lumen Technologies in a transaction that could be worth around $5 billion. The target assets are, according to sources, situated in a number of US states, with a deal potentially set to be announced in the coming weeks. This rumour, if proved true, would not come as too much of a surprise…read more on TotalTele.com »

Tags: management sale global consumer

Category:Telecommunications

Latest from this category

All news
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
29.01Millions to get 150 off energy bills for further five years
29.01Millions to get 150 off energy bills for further five years
29.01Apple reports best-ever iPhone sales as Mac dips
29.01Venezuelan MPs approve bill to open up oil sector to private firms
29.01Planning bids for new homes rise in England but building remains low, data suggests
29.01H5N1 Risk to Swine Research Program seeks 2nd round of proposals
29.01Pig breeder Muyuan Foods seeks up to $1.4 Billion in Hong Kong listing
29.01duBreton responds to Canada's approval of the PRRS-resistant pig
More »