Simpson Thacher is advising Stonepeak Infrastructure Partners (“Stonepeak”) in connection with its definitive agreement to acquire the Latin American business of Lumen Technologies, Inc. (“Lumen”), a provider of telecommunications services with several subsidiaries throughout the Latin American region, for $2.7 billion.
The Simpson Thacher team includes Eli Hunt, Borja Marcos, Nicholas J. Marricco and Jule Walsh (M&A); Ryan Bekkerus (Capital Markets); Brian Gluck, Jaime Mercado and Robyn Cho (Banking and Credit); Krista McManus (Real Estate); Jaclyn Starr, Deborah Gruen and Albi Kocibelli (Funds); Jonathan Goldstein and Eli Shalam (Tax); Tristan Brown and Allison Sutherland (Executive Compensation and Employee Benefits); Richard Jamgochian and Kelly Karapetyan (Antitrust); Michael Isby (Environmental); and Genevieve Dorment and Kate Mirino (Intellectual Property). Summer Associate Shelby Shearon provided valuable assistance.