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France's Eutelsat close to deal for satellite operator OneWeb

By Elizabeth Piper and Mathieu Rosemain

Jul 25 2022 12:10PM

Currently second largest shareholder.

France's Eutelsat close to deal for satellite operator OneWeb

French satellite company Eutelsat is poised to buy British rival OneWeb in a deal that could be announced as early as Monday, two sources close to the negotiations said on Sunday. OneWeb was valued at $3.4 billion in its most recent funding round, one of the sources said. Eutelsat already has a ...

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