SES to Acquire Intelsat in Compelling Transaction Focused on the Future [Yahoo! Finance]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
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Source: Yahoo! Finance
Enhances competitive offerings to deliver customer value through segment-relevant solutions. Expanded cash flows, profitable growth outlook, & strong balance sheet drive total shareholder return. LUXEMBOURG & MCLEAN, Va., April 30, 2024 BUSINESS WIRE )--SES S.A. ("SES") and Intelsat S.A. ("Intelsat") announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of $3.1 billion (€2.8 billion) and certain contingent value rights. The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and benefit from the collective talent, expertise, and track record of both companies. The combination will deliver greater value for customers and partners, as well as providing a compelling alternative in the new era of growth, innovation, and competition for the satellite communicat
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MS
Earnings
- 4/16/24 - Beat
MS
Sec Filings
- 5/17/24 - Form 424B2
- 5/17/24 - Form 424B2
- 5/17/24 - Form 424B2
- MS's page on the SEC website