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Inmarsat PLC (ISA.L)

ISA.L on London Stock Exchange

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Fri, May 10 2019

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Inmarsat shareholders back $3.4 billion takeover

LONDON Investors in Inmarsat voted on Friday to sell the British satellite firm to a private equity-led consortium for $3.4 billion (2.6 billion pounds) following a recommendation from the company's board that the offer was fair and reasonable.

Inmarsat shareholders back $3.4 billion takeover

LONDON Investors in Inmarsat voted on Friday to sell the British satellite firm to a private equity-led consortium for $3.4 billion following a recommendation from the company's board that the offer was fair and reasonable.

Inmarsat shareholders back $3.4 billion takeover

LONDON, May 10 Investors in Inmarsat voted on Friday to sell the British satellite firm to a private equity-led consortium for $3.4 billion following a recommendation from the company's board that the offer was fair and reasonable.

Inmarsat first quarter profit falls ahead of takeover vote

LONDON Inmarsat, the British satellite firm that agreed a $3.4 billion (£2.6 billion) private-equity takeover in March, reported a 13 percent fall in quarterly earnings, hit by weak demand from the shipping sector and a lower contribution from partner Ligado.

REFILE-UPDATE 2-Inmarsat Q1 profit falls ahead of takeover vote

LONDON, May 1 Inmarsat, the British satellite firm that agreed a $3.4 billion private-equity takeover in March, reported a 13 percent fall in quarterly earnings, hit by weak demand from the shipping sector and a lower contribution from partner Ligado.

Commmunications provider Inmarsat's 1st-qtr core profit drops 13 pct

May 1 Inmarsat Plc reported a 13 percent fall in first-quarter core earnings on Wednesday, hit by lower sales at its maritime business and weak demand for its legacy products such as satellite phones.

Deals of the day-Mergers and acquisitions

March 25 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

UPDATE 2-European shares slip for fourth day on growth, Brexit concerns

* Britain's Inmarsat gains on $3.4 bln buyout offer (Updates to closing)

Inmarsat convinced by $3.4 billion cash buyout deal

A private equity-led consortium agreed to buy Inmarsat Plc for about $3.4 billion in cash after the British satellite operator rebuffed a slightly lower bid from U.S. rival EchoStar last year.

Inmarsat convinced by $3.4 billion cash buyout deal

A private equity-led consortium agreed to buy Inmarsat Plc for about $3.4 billion in cash after the British satellite operator rebuffed a slightly lower bid from U.S. rival EchoStar last year.

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