Viasat to buy Inmarsat in US$7.3bn deal, launching new broad and narrowband services including IoT
Viasat Inc., a global communications company, and Inmarsat, a provider of global mobile satellite communications services, announced they have entered into a definitive agreement under which Viasat will acquire Inmarsat in a transaction valued at $7.3 billion (€6.36 billion), comprised of $850.0 million (€740.37 million) in cash, approximately 46.36 million shares of Viasat common stock valued at $3.1 billion (€2.70 billion) based on the closing price on Friday November 5, 2021, and the assumption of $3.4 billion (€2.96 billion) of net debt.
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