UK regulator approves Viasat’s purchase of Inmarsat

LONDON (Reuters) – Britain gave the green light to satellite company Viasat’s acquisition of rival Inmarsat, confirming the $7.3 billion deal would not substantially reduce competition in the supply of wifi on commercial flights.

The Competition and Markets Authority’s approval in a statement on Tuesday followed the provisional clearance it gave the deal in March.

(Reporting by Sarah Young; editing by William James)

tagreuters.com2023binary_LYNXMPEJ480CQ-VIEWIMAGE

Close Bitnami banner
Bitnami