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892 Paris-based SES buys Intelsat for $3.1 billion as European satellite companies consolidate

Startups News
Nickie Louise @ Startups News · 04/30/2024 08:30 EDT

Paris-based SES buys Intelsat for $3.1 billion as European satellite companies consolidate

Paris-based satellite giant SES has struck a deal to acquire Intelsat Holdings for $3.1 billion in debt, a move poised to catapult the combined company into a major European player in the space industry. However, the merger has stirred some ...

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