Exclusive-SES $3.1 billion Intelsat deal to gain unconditional EU antitrust nod, sources say
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8 Articles
Exclusive-SES $3.1 billion Intelsat deal to gain unconditional EU antitrust nod, sources say
BRUSSELS :European satellite company SES is set to win unconditional EU antitrust approval for its $3.1-billion bid for rival Intelsat, people familiar with the matter said, creating a major European player to rival Elon Musk's Space X-owned Starlink.Together with other European satellite companies, Luxembour
SES to receive European permission to acquire Intelsat Reuters says - Mobile Europe
European satellite company has bid $3.1bn for rival to become a challenger to Starlink with multi-orbit constellation, but still needs approval from US authorities The European satellite company SES is set to receive unconditional approval from the European Commission for its proposed $3.1 billion of competitor Intelsat, according to unnamed sources cited by Reuters. The report goes on to claim that their combined might would create “a major Eur…


SES, Intelsat deal set to win unconditional EU approval
SES looks set to gain unconditional European Union (EU) antitrust approval for its $3.1 billion (€2.7bn) deal to acquire rival Intelsat. The merger will receive the EU’s approval, reports Reuters, and the European Commission is scheduled to publish its own ruling by June 10th. The deal announced, first announced in April 2024, was recently given […]
SES, Intelsat $3.1B deal to win unconditional EU approval
Satellite company SES reportedly stands to gain unconditional European Union (EU) antitrust approval for its $3.1 billion deal to buy rival Intelsat, a move that would create a large rival for Elon Musk-owned Starlink. Citing unnamed sources, Reuters reported the merger will win the EU’s approval, but noted its regulatory agency, the European Commission, is scheduled to publish a ruling by 10 June. The deal announced last year won unconditional …
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