Inmarsat in talks with consortium over $3.3 billion takeover [Reuters (UK)]
INMARSAT PLC ADR (IMASY)
NASDAQ:AMEX Investor Relations:
investors.inmarsat.com
Company Research
Source: Reuters
Inmarsat in talks with consortium over $3.3 billion takeover | Reuters 2 Min Read (Reuters) - Inmarsat has received a cash takeover offer from Apax Partners, Warburg Pincus International and Canada Pension Plan Investment Board (CPPIB), the British satellite company said on Tuesday, valuing the business at about $3.3 billion (2.5 billion pounds). The consortium offered $7.21 per share on Jan. 31 and the proposal remains under discussion, Inmarsat said in a statement. The $7.21 (543 pence) per share offer is at a premium of about 24 percent to the 437.8 pence Inmarsat’s shares closed at on Tuesday. The offer price represented a premium of about 47 percent when the proposal was made on Jan. 31. Ontario Teachers’ Pension Plan Board would also be supporting the proposal as part of the consortium, Inmarsat said. The offer values Inmarsat at $3.3 billion, according to Refinitiv Eikon data. Apax, CPPIB and Warburg Pincus did not respond immediately to requests for comment. Last year U.S. sat
Show less
Read more
Impact Snapshot
Event Time:
IMASY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IMASY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IMASY alerts
High impacting INMARSAT PLC ADR news events
Weekly update
A roundup of the hottest topics