INTELLIGENCE
Satellite operator Intelsat is planning to launch an IPO to raise up to US$1.75 billion (€1.37 billion).
Intelsat told the US Securities and Exchange Commission that Goldman Sachs, JP Morgan and Morgan Stanley were underwiting the public offering.
The company, currently private-equity-backed, posted revenues of about US$2.6 billion and a net loss of US$400 million last year.
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