Lumen Is Said to Be in Talks to Sell $5B of Assets to Apollo Global

Lumen Is Said to Be in Talks to Sell $5B of Assets to Apollo Global

Lumen Technologies  said that the communications-infrastructure company is negotiating to sell some assets to private-equity titan Apollo Global Management. Lumen’s deal with the New York firm would involve Lumen’s consumer operations in some U.S. states and would be...
Vodafone Idea targets $3bn investment from Apollo Global

Vodafone Idea targets $3bn investment from Apollo Global

According to sources, the struggling Indian telco has begun discussions with the US private equity fund and may sell a “sizeable stake” in the business. Vodafone Idea, rebranded as Vi last year, has been in the financial doldrums for a number of years now, having...
BC Partners Acquires Major Stake in Digital-Services Agency Valtech

BC Partners Acquires Major Stake in Digital-Services Agency Valtech

Private-equity firm BC Partners is acquiring a significant stake in Valtech SE as part of a deal valuing the digital-services agency at $1.4bn, according to the companies, a bet that brands will increasingly rely on technology and data to retain existing customers and...
CD&R-owned Core & Main eyes $7.5bn valuation in U.S. IPO

CD&R-owned Core & Main eyes $7.5bn valuation in U.S. IPO

Maintenance services company Core & Main Inc said on Tuesday it was targeting a valuation of up to $7.5 billion in its initial public offering in the United States. Core & Main, which is looking to list on the New York Stock Exchange, is owned by investment...