Close the divestiture of the EMEA business to Colt Technology Services
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 7 Feb 2023
- Due
- 31 Dec 2023
- Delivered
- 1 Nov 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“We expect to close this transaction on the terms previously announced as early as late 2023, following receipt of all requisite regulatory approvals”
What we found
Evidence strength A What the grades mean
Lumen Technologies completed the divestiture of its EMEA business to Colt Technology Services on November 1, 2023, which is within the late 2023 timeframe.
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A Lumen Technologies 10-K filed 2024-02-22
“On November 1, 2023, affiliates of Level 3 Parent, LLC, sold Lumen's operations in Europe, the Middle East and Africa (the "EMEA business") to Colt Technology Services Group Limited” ✓ confirmed on the page
Market reaction: the shares moved -6.3% against the S&P 500 over the three sessions around the disclosure (21 Feb 2024 to 26 Feb 2024). What this measures
Checked 21 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- EMEA business divestiture
- Where
- EMEA
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- Medium
- Conditional
- Yes: receipt of all requisite regulatory approvals in the U.S. and certain other countries; satisfaction of other customary conditions
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2023-LUMN-018869 · Corrections policy