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....