26-05-2023 10:59 via telecoms.com

Viasat to close Inmarsat acquisition in coming days

Viasat’s proposed acquisition of rival Inmarsat will close imminently, the companies having received the green light from the European Commission.
The go-ahead from Brussels, which came on Thursday, was the last major regulatory hurdle the companies needed to clear to get their tie-up over the line. It has been a long time coming… although we should be used to the speed at which the wheels of competition regulation turn by now.
US-based Viasat announced a US$7.3 billion cash, stock
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