US EditionSpain’s Indra Completes Hispasat Buy, Steps up Billion-Euro Space ...
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15 Articles
The acquisition of the satellite operator from Redeia has been closed for 725 million and the until now director of Indra Space, Luis Mayo, will relieve Miguel Ángel Panduro as CEO of HispasatIndra exceeds 1 billion in purchases of companies of the defense orbit since the invasion of Ukraine The Spanish technology Indra has closed the purchase of 89.68 % of Hispasat from the company Redeia for 725 million euros, after fulfilling the suspensive c…
Indra has executed this Tuesday the acquisition to Redeia of 89.68% of Hispasat for 725 million euros and has announced a remodeling in the positions of maximum responsibility of your Space area and the satellite operator.Continue reading...
Hispasat's purchase and taking control of Hisdesat is the cornerstone of Indra's strategy in the space sector
Spanish technology Indra has closed the purchase of 89.68 % of Hispasat from the company Redeia for 725 million euros.
Spain’s Indra completes Hispasat buy, steps up billion-euro space ...
Spanish defence and IT group completes purchase of satellite operator Hispasat, adding another building block to plans for a €1bn+, ‘end-to-end’ European space player. Indra is targeting substantial revenue and efficiency gains, and a bigger role in European space projects, by melding the satco with existing satellite interests Deimos and Startical.
Consenso del Mercado Alphavalue/Divacons The Spanish company of IT services and consultancy formalized and executed on Tuesday the purchase of 89.68% of Hispasat for an amount of 725 million euros, after fulfilling all the suspended conditions of the agreement. On the other hand, the Ministry of Defense awarded a temporary union of companies (UTE) formed by Indra and Airbus Group (add, Objective Price 226 eur/acc) the contract for the conceptua…
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