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Advent International has lined up financing from direct lenders to fund its $6.4bn acquisition of satellite operator Maxar Technologies. Continue reading Advent taps direct lenders for Maxar acquisition financing
Satellite telecommunications company Inmarsat has been delisted from the London Stock Exchange as a result of its acquisition by a group of private equity and pension fund managers. Continue reading Inmarsat delisted after private equity takeover
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Despite satellite operator Inmarsat’s earlier rejection of calls from activist shareholders to delay a pending $3.4 billion purchase of the company, the date of the final hearing has been pushed back to allow the court to “hear representations by interested parties.” Continue reading Acquisition of Inmarsat delayed after activists pile in
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British satellite operator Inmarsat has rebuffed a request by investor Oaktree Capital Management to delay its acquisition by a consorium of private equity and pension fund investors. Continue reading Inmarsat investor Oaktree seeks to delay take-private deal
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Richard Branson’s space travel company, Virgin Galactic, was listed on the New York Stock Exchange on 28 October after opting for a merger with a special purpose acquisition company (SPAC) rather than a traditional initial public offering (IPO). Continue reading Virgin Galactic sidesteps IPO, goes public via merger
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