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BRIEF-Eutelsat acquires NOORSAT for 75 million dollars
October 13, 2017 / 8:29 AM / 10 days ago

BRIEF-Eutelsat acquires NOORSAT for 75 million dollars

Oct 13 (Reuters) - EUTELSAT:

* EUTELSAT CONSOLIDATES ITS PRESENCE IN MIDDLE EAST WITH THE ACQUISITION OF NOORSAT

* ‍ACQUIRED 100% OF NOORSAT FOR A CONSIDERATION OF US$75 MILLION, DEBT FREE AND CASH FREE​

* ‍SLIGHTLY DILUTIVE IMPACT ON EUTELSAT‘S EBITDA MARGIN WILL BE ABSORBED WITHIN CURRENT MARGIN OBJECTIVES​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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