---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-268312"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:21:11.010594+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lumen completes sale of EMEA business to Colt for $1.8B cash

## Summary
- Closed sale of EMEA operations to Colt Technology Services for $1.8B pre-tax cash.
- Transaction valued at ~11x EBITDA for Lumen's EMEA business.
- Lumen and Colt entered commercial agreements to continue serving global customers.
- Lumen remains key strategic partner for Colt's customers in North America.
- CEO Kate Johnson says deal simplifies business and positions for growth.

## SEC filing metadata
- accession: 0001193125-23-268312
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000119312523268312/0001193125-23-268312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000119312523268312/d533262d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-268312
- JSON: https://secwatch.observer/filing/0001193125-23-268312.json
- Plain text: https://secwatch.observer/filing/0001193125-23-268312.txt

## Key facts
- M&A Transactions
  Lumen Technologies, Inc. completed a disposition involving Colt Technology Services Group Limited for $1.8 billion (closed 2023-11-01).
  - Action: disposition
  - Counterparty: Colt Technology Services Group Limited
  - Consideration: $1.8 billion
  - Closing: 2023-11-01
  source text: On November 1, 2023, Lumen Technologies, Inc. (“Lumen” or the “Company”) and certain of its wholly-owned subsidiaries (collectively “Sellers”) completed the previously disclosed sale of certain of Sellers’ operations in Europe, the Middle East and Africa (the “Sale”) to Colt Technology Services Group Limited (“Colt”) and certain of its wholly-owned subsidiaries (collectively with Colt, “Purchasers”), all of which are portfolio companies of Fidelity Investments, in exchange for pre-tax cash proceeds of $1.8 billion, less closing adjustments and estimated transaction costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000119312523268312/0001193125-23-268312-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.