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Inmarsat PLC (ISA.L)

ISA.L on London Stock Exchange

555.80GBp
6:04pm IST
Change (% chg)

0.20 (+0.04%)
Prev Close
555.60
Open
553.20
Day's High
562.20
Day's Low
553.20
Volume
262,006
Avg. Vol
3,844,911
52-wk High
749.00
52-wk Low
334.30

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Thu, Aug 2 2018

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Inmarsat's maritime business drifts as sets solo course

LONDON Inmarsat talked up its prospects as a standalone company after it rebuffed an approach from EchoStar last month but its shares slipped after a lacklustre performance from its maritime business.

UPDATE 2-Inmarsat's maritime business drifts as sets solo course

* Shares slip after maritime revenue shows little growth (Adds further comments on takeover, analyst reaction)

Inmarsat Q2 revenue rises 5 pct, earnings edge higher

LONDON, Aug 2 Inmarsat plc, the British satellite operator that rebuffed an approach from EchoStar last month, reported a 5 percent rise in second-quarter revenue and said it was well placed to continue to grow.

EchoStar drops $3.2 billion bid for British rival Inmarsat

LONDON U.S. satellite group EchoStar dropped a $3.2 billion takeover approach for Inmarsat on Friday after failing with a late attempt to persuade the British company into talks.

EchoStar drops $3.2 billion bid for British rival Inmarsat

LONDON U.S. satellite group EchoStar dropped a $3.2 billion takeover approach for Inmarsat on Friday after failing with a late attempt to persuade the British company into talks.

UPDATE 4-EchoStar drops $3.2 bln bid for British rival Inmarsat

* Inmarsat shares down 8 percent (Recasts with EchoStar's decision to abandon its bid)

EchoStar drops $3.2 billion bid for Inmarsat

U.S. satellite group EchoStar Corp said it does not intend to make an offer for Britain's Inmarsat Plc after the British company rejected a $3.2 billion takeover approach.

EchoStar drops $3.2 bln bid for Inmarsat

July 6 U.S. satellite group EchoStar Corp said it does not intend to make an offer for Britain's Inmarsat Plc after the British company rejected a $3.2 billion takeover approach.

Echostar seeks talks with Inmarsat after latest takeover rejection

LONDON, July 6 U.S. satellite group EchoStar said on Friday it was trying to seek engagement with the board of Inmarsat after the British firm rejected its latest takeover offer worth 2.45 billion pounds ($3.2 billion) to equity shareholders.

UPDATE 1-Britain's FTSE on the mend after trade war sell-off

* Inmarsat falls after Eutelsat decides not to bid (Recasts, adds detail and updates prices at close)

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