Sitel Group, a global provider of customer experience products and solutions, entered into an agreement to acquire Sykes Enterprises, a provider of global customer experience management services. BNP Paribas committed debt financing to Sitel Group to support the transaction.
Apollo Global Management entered into an agreement to acquire Verizon Media from Verizon for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the transaction and continue to be led by Guru Gowrappan as CEO.
JPMorgan Chase served as administrative agent for a $600 million term loan facility for Owens Corning to facilitate its acquisition of Paroc Group, a transaction estimated at €900 million ($1.04 billion).