Karanovic & Partners, working alongside Baker McKenzie, has advised Colt Technology Services on its acquisition of Lumen Technologies’ Europe, Middle East, and Africa business for USD 1.8 billion. Bryan Cave Leighton Paisner reportedly advised Lumen Technologies.
The Colt Technology Services Group Limited is a multinational telecommunications company headquartered in London.
Lumen Technologies is an American telecommunications company headquartered in Monroe, Louisiana, that offers communications, network services, security, cloud solutions, voice, and managed services.
The Karanovic & Partners team advising on Serbian aspects of the transaction included Partner Milos Jakovljevic, Associate Stefan Savic, and Junior Associate Ljubica Stojanovic.