Eutelsat Communications to Combine with OneWeb in All-Share Transaction

November 15, 2022

Eutelsat Communications and key OneWeb shareholders signed a final combination agreement to merge the GEO satellite operator Eutelsat with OneWeb’s low Earth orbit (LEO) constellation in an all-share transaction. Following closing, Eutelsat would own 100% of OneWeb (excluding the UK Government’s ‘Special Share’), with OneWeb shareholders receiving newly issued Eutelsat shares representing 50% of the enlarged share capital.

Buyers
Eutelsat Communications
Targets
OneWeb
Location
United Kingdom
Transaction Type
Buyout

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