CenturyLink to sell data centre business for US$2.15bn to fund Level 3 purchase
CenturyLink has agreed to sell its data centre and colocation business to a consortium made up of funds advised by private equity ...
Tag: Citigroup
Crown Castle raising US$1bn in share offering to fund FiberNet purchase
Crown Castle expects to raise approximately US$1bn in gross proceeds from the public offering of 11,350,000 shares of its common stock. The ...
Rogers in US$500m senior note issue for refinancing
Canada’s largest mobile operator Rogers Communications is issuing US$500m worth of 10-year senior notes for refinancing purposes. The bond, due in August 2026, ...
CenturyLink strikes US$34bn deal for Level 3 to bring more fibre to enterprise customers
CenturyLink has agreed a US$34bn deal to buy Level 3 Communications to combine the target’s global connectivity backbone with its larger enterprise customer base. Explaining ...
Verizon in US$4.1bn multi-tranche bond offering to help fund acquisitions
Verizon Communications has issued three tranches of euro-denominated notes worth a total €3.25bn (US$3.55bn) and a sterling tranche worth £450m (US$547.6m). Assigning ...
Orange raises over US$2bn in bond issues to optimise balance sheet
French incumbent Orange has issued €750m (US$818.8m) of fixed-rate notes due February 2027, just two days after a US$1.25bn bond offering. The offerings ...
Rockwell Collins pays US$6.4bn to diversify into aircraft interiors with B/E Aerospace buy
Aircraft solutions firm Rockwell Collins is buying cabin interiors supplier B/E Aerospace for US$6.4bn in a transformational deal that will increase its revenues by more ...
Turkcell postpones tower IPO until return of “reliable and stable” markets
Turkcell has decided to postpone the listing of its infrastructure unit Global Tower on the Istanbul stock exchange. The Turkish operator said, two weeks ...
AT&T to buy Time Warner for US$85.4bn in content push
AT&T has agreed to acquire Time Warner in a stock-and-cash transaction that values the media giant at US$85.4bn. The acquisition comes just a ...
Cinven exits Vega-maker Avio after a decade
Italy’s Leonardo-Finmeccanica has become the latest industrial to increase its influence over the European space industry by agreeing a complex deal to ...
