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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

Oasis Petroleum Completes Permian Basin Exit in Sale to Percussion II

2021-07-13 23:05:00| OGI

Percussion Petroleum acquired Oasis Petroleums remaining upstream assets in the Texas region of the Permian Basin for cash consideration of up to $375 million, a company filing says.

Tags: sale exit petroleum oasis

Ethio Telecom blooming ahead of minority stake sale

2021-07-13 02:00:00| Total Telecom industry news

At the start of Ethio Telecom’s financial year, back in July 2020, the internet was in the midst of a government-mandated two-week internet blackout, following protests in the capital, Addis Ababa. Since then, ongoing violent unrest in Ethiopia’s northern Tigray region has left scores dead and the country in a state of political unease…read more on TotalTele.com »

Tags: sale ahead telecom minority

Dominion Terminates Questar Pipeline Sale to Berkshire Hathaway

2021-07-12 16:05:00| OGI

Dominion Energy and Berkshire Hathaway Energy said the terminated Questar Pipeline deal has no impact on the sale of gas transmission and storage assets to Berkshire Hathaway Energy completed in November 2020.

Tags: sale pipeline berkshire dominion