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Private equity consortium orbiting Inmarsat

The satellite group is once again the subject of a takeover bid
March 21, 2019

Global satellite communications group Inmarsat (ISAT) has received yet another takeover approach. After market close on Tuesday 19 March, noting media speculation, it confirmed its receipt of a non-binding proposal from Apax Partners, Warburg Pincus and Canada Pension Plan Investment Board on 31 January. Ontario Teachers’ Pension Plan Board subsequently joined the consortium.

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