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Private equity consortium orbiting Inmarsat

Private equity consortium orbiting Inmarsat

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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