Intelsat to merge with OneWeb in major SoftBank-backed deal

Satellite operator Intelsat has agreed to merge with affordable internet provider OneWeb, in a deal backed by a large investment from Japan’s SoftBank Group. Intelsat and OneWeb will merge in a share-for-share transaction, with Intelsat also agreeing a share-purchase agreement with OneWeb investor SoftBank. SoftBank will invest US$1.7 billion in newly issued common and preferred shares […]

CTC merger reorganisation moves forward, following sale

CTC Media has received a licence from the US Treasury Department authorising it to proceed with its previously announced cash-out merger deal. In a statement, the Russian broadcaster said that it is finalising preparations for the merger, and is awaiting the receipt of a tax refund from the US Internal Revenue Service, which will form […]

Report: Liberty Global-Vodafone merger talks back on

Talks between Liberty Global and Vodafone have been revived in recent weeks with a potential £140 billion (€190 billion) merger in the offing, according to a UK press report. According to the Daily Mail, Liberty chairman John Malone instigated new merger talks in the past few weeks and major investors for both Liberty and Vodafone […]

Spacecom puts itself up for sale

Spacecom, the Israeli operator of the Amos fleet of satellites, has put itself up for sale, according to a filing with the Tel Aviv Stock Exchange. The firm said in the statement that its board was exploring the possibility of a merger or acquisition and is currently seeking advice from an unnamed “international investment bank.” […]