Independent journal on economy and transport policy
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Inmarsat will be bought for 3,4 billion dollars from the Triton consortium
The purchaser is participated with equal quotas from Apax, Warburg Pincus, Canada Pension Plant Investment Board and Ontario Teacher's Pension Plan Board
March 25, 2019
The British group of services for satellite telecommunications Inmarsat will be bought by the Triton Bidco, joint venture constituted purposely for the acquisition and participated with managed equal quotas by deep from the British Apax, from deep managed from the Warburg Pincus American and the Canadian endowment funds Canada Pension Plant Investment Board and Ontario Teacher's Pension Plan Board. The offer introduced from the consortium is based on the corresponsione of a price of 7,21 dollars for cash each action of the Inmarsat, for a total of about 3,4 billion dollars in order acquiring the entire capital of the company subdivided in beyond 463 million sets in action.
Inmarsat has announced today that the boards of directors of the two parts have reached an agreement on the transaction, to conclusion of which - they have specified spokesman of the Triton consortium - the headquarters of the Inmarsat will remain to London.
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The British group of services for satellite telecommunications Inmarsat will be bought by the Triton Bidco, joint venture constituted purposely for the acquisition and participated with managed equal quotas by deep from the British Apax, from deep managed from the Warburg Pincus American and the Canadian endowment funds Canada Pension Plant Investment Board and Ontario Teacher's Pension Plan Board. The offer introduced from the consortium is based on the corresponsione of a price of 7,21 dollars for cash each action of the Inmarsat, for a total of about 3,4 billion dollars in order acquiring the entire capital of the company subdivided in beyond 463 million sets in action.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
