Viasat acquisition of Inmarsat
Viasat bought Inmarsat, creating a global multi-orbit satellite communications group.
- Company
- Inmarsat
- Type
- M&A
- Status
- Completed
- Date
- 30 May 2023
- Value
- US$7.3bn
- Value basis
- About US$7.3bn at signing: US$850m cash (cut to US$551m after a special dividend), about 46.36m Viasat shares and US$3.4bn of net debt
- Region
- UK
- Segment
- Satellite operators
Parties
Key terms
- Cash at closing
- US$551m
- Shares issued
- about 46.36m (37.6% of Viasat)
- Financing drawn
- about US$1.35bn
- Announced
- 8 Nov 2021
Sources
- Viasat 8-K: Viasat completes acquisition of Inmarsat sec.gov · 2 Jun 2023
- gCaptain: Inmarsat acquired by Viasat for $7.3 billion gcaptain.com · Nov 2021
Record ORB-INV-2023-0006. Investments are kept apart from the financings register and never counted in debt totals.
