SES S.A. (OTCPK:SGBAF) to acquire rival satellite operator Intelsat for $3.1 billion equity value, creating a more ...
European satellite group SES will acquire US rival Intelsat for $3.1 billion, the companies said Tuesday, seeking to compete in a race for space-based internet service led by Elon Musk's Starlink.
In a landmark move shaking the satellite communications market, SES, the Luxembourg medium-Earth orbit (MEO) satellite ...
Two of the world's largest satellite operators come from Luxembourg; last year, merger talks failed. Now a billion-euro takeover has been agreed.
What is the rationale of the transaction? What is the benefit for SES shareholders? This combination creates a ...
(Reuters) - Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt, sending the ...
Value accretive transaction underpinned by €2.4 billion (NPV) of readily executable synergies. Creating a stronger multi-orbit operator with ~60% of revenue in high growth segments. Enhances ...
The long-running litigation between SES and Intelsat over the FCC’s C-band compensation payments, and running since May 2020, ...
The announcement promises that the combined entity will create a ‘stronger multi-orbit operator’ with greater coverage, improved resiliency, expanded suite of solutions, and enhanced resources to ...
European telecom satellite company SES announced today that it is acquiring rival Intelsat for $3.1 billion. The deal, unanimously approved by both companies’ boards, is expected to be finalized in ...
Analyst Ryan Koontz of Needham maintained a Buy rating on Gilat (GILT – Research Report), retaining the price target of $8.50. Ryan Koontz has given his Buy rating due to a combination of factors that ...
European satellite group SES will acquire US rival Intelsat for $3.1 billion, the companies said Tuesday, seeking to compete ...