TUPPER LAKE, NY — Satellite fleet operator Eutelsat has entered into exclusive negotiations with private-equity investor EQT for the sale of much of Eutelsat’s global ground station network into a separate company, 80% owned by EQT, with an enterprise value of 790 million euros ($863 million), the two companies announced Aug. 9.
Paris-based Eutelsat would own 20% of the new company and would be its anchor tenant, signing a master service agreement with it.
For Eutelsat, the deal provides a source of much . . .
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