BRIEF-Dundee Corp renews its normal course issuer bid
* Dundee - announced receipt of regulatory approval respecting intention to continue normal course issuer bid through facilities of TSX from June 28 to June 27, 2018
Feb 28 OneWeb Ltd, a U.S. satellite venture backed by SoftBank Group Corp, and debt-laden satellite operator Intelsat SA on Tuesday agreed to merge in a share-for-share deal.
SoftBank will invest $1.7 billion in the combined company as part of the deal.
Intelsat had a market value of about $630 million as of stock's Monday close. (Reporting by Narottam Medhora in Bengaluru; Editing by Sriraj Kalluvila)
* Says gets members' nod for raising capital worth up to 35 billion rupees Source text for Eikon: Further company coverage: