Apollo-led group to take Atlas Air private for $3bn

Apollo-led group to take Atlas Air private for $3bn

Air-freight company Atlas Air Worldwide Holdings Inc is being taken private for nearly $3 billion by an investor group led by private equity giant Apollo Global Management. The agreement announced on Thursday offers $102.50 for each share of Atlas Air, a premium of...
Lumen closes $2.7bn sale of LatAm ops to Stonepeak

Lumen closes $2.7bn sale of LatAm ops to Stonepeak

Lumen Technologies announced the closure of the sale of its Latin American operation to US private equity firm Stonepeak for $2.7bn. The new operation will be called Cirion and will operate as an independent portfolio company of Stonepeak, Lumen said in a release....