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Announced

Completed

Viasat completed the acquisition of Inmarsat for $7.3bn.

Financials

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Transaction Value£5,406m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Majority

Merger

Satellite

United Kingdom

Private

Friendly

mobile satellite communications

Acquisition

Single Bidder

Completed

Synopsis

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Viasat, a global communications company, completed the acquisition of Inmarsat, a mobile satellite communications services provider, for $7.3bn. "We are thrilled to welcome Inmarsat's employees, customers, shareholders and partners into the Viasat ecosystem. The combination of our companies brings together the people, technology, innovation, network assets, spectrum resources and global partnerships needed to help connect the world more affordably, securely and reliably. Together, we believe we are positioned to offer customers a multi-layered network that gives them the right connectivity at the right time, place and price," Mark Dankberg, Viasat Chairman. On June 21, Viasat announced that, at its Special Meeting of Stockholders, it received the necessary stockholder approvals for the proposed acquisition of Inmarsat. On May 21, 2023, Viasat's proposed acquisition of Inmarsat has received approval from the US Federal Communications Commission.

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