Eutelsat’s ground infrastructure sale falls through

Eutelsat’s ground infrastructure sale falls through

Eutelsat said a planned sale of its passive ground infrastructure to a private equity firm announced in August 2024 will not proceed, eliminating roughly $658 million in expected proceeds. The post Eutelsat’s ground infrastructure sale falls through appeared first on SpaceNews.

Eutelsat confirms cancellation of ground segment infrastructure sale - SatellitePro ME

Eutelsat has announced that the proposed transaction to sell its passive ground segment infrastructure assets to private equity investor EQT Infrastructure VI will not move forward, as the required conditions for completion were not fully met. The transaction, which was still in progress, was expected to generate net proceeds of approximately €550m for Eutelsat. Under the terms previously outlined, the associated service agreement with the prosp…