Inmarsat Takeover Provisionally Cleared for Take-Off
On 1st March 2023, the Competition & Markets Authority (“CMA”) provisionally cleared the anticipated takeover by Viasat Inc. of Inmarsat Group Holdings Limited. The takeover shall see Viasat Inc. acquire 100% of Inmarsat’s issued share capital and the aggregate consideration is valued at $7.3 billion. The completion of this proposed acquisition is conditional upon approvals…