Nov 4 (Reuters) - Centurylink Inc CTL.N :
* Centurylink reaches agreement to sell data centers and colocation business to a consortium led by BC Partners and Medina Capital
* Centurylink plans to use net proceeds from this sale to partly fund its acquisition of level 3 communications
* Centurylink - will receive $2.15 billion in cash and minority stake valued at $150 million in consortium's newly-formed global secure infrastructure company
* BC Partners/Medina-led consortium will assume ownership of Centurylink's portfolio of 57 data centers at closing
* Centurylink reaches agreement to sell data centers and colocation business to a consortium led by bc partners and medina capital Source text for Eikon: ID:nCNW05mM4a Further company coverage: CTL.N