On the Record · Level 3 Parent

Level 3 Parent acquisitions, on the record

The businesses Level 3 Parent bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Latin American business Word for word“On August 1, 2022, affiliates of Level 3 Parent, LLC sold its Latin American business pursuant to a definitive agreement dated July 25, 2021 for pre-tax cash proceeds of approximately $ 2.7 billion.” 10-K for 2023	divestiture	August 1, 2022	approximately $ 2.7 billion
EMEA business sold to Colt Technology Services Group Limited Word for word“On November 1, 2023, affiliates of Level 3 Parent, LLC completed the sale of its operations in EMEA business to Colt Technology Services Group Limited, a portfolio company of Fidelity Investments, for pre-tax cash proceeds of $ 1.7 billion after certain closing adjustments and transaction costs.” 10-K for 2023	divestiture	November 1, 2023	$ 1.7 billion
select CDN contracts Word for word“For the year ended December 31, 2023, customer relationships decreased $ 121 million in conjunction with the sale of select CDN contracts in the fourth quarter of 2023 that resulted in a net loss of $ 73 million included in selling, general and administrative expenses in our consolidated statement of operations.” 10-K for 2024	divestiture	fourth quarter of 2023	—
Broomfield, Colorado office buildings Word for word“These decreases were partially offset by (i) an increase of $100 million in legal and other professional fees, mainly driven by our first and third quarter 2024 debt transactions and (ii) an increase of $80 million attributable to an impairment loss related to the initiation of marketing our Broomfield, Colorado office buildings to locate a buyer and the classification of those buildings as held for sale.” 10-K for 2024	divestiture	—	—
EMEA business Word for word“On November 1, 2023, affiliates of Level 3 Parent, LLC completed the sale of its operations in EMEA business to Colt Technology Services Group Limited, a portfolio company of Fidelity Investments, for pre-tax cash proceeds of $ 1.7 billion after certain closing adjustments and transaction costs.” 10-K for 2025	divestiture	On November 1, 2023	$ 1.7 billion

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Cash received from selling businesses	Goodwill from acquisitions
2016-12-31	$0	—	—
2018-12-31	—	—	$340 million
2020-12-31	—	$0	—
2021-12-31	—	$0	—
2022-12-31	—	$2.73 billion	—
2023-12-31	—	$1.75 billion	—
2024-12-31	—	$15 million	—
2025-12-31	—	$0	—

Deal filings since 2016

2026-04-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-01-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-12-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-09-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-09-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-04-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-03-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-01-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-11-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2023-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-03-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-07-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-01-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-08-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-02-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-11-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-11-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-03-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Level 3 Parent’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.