SES S.A. Acquires Intelsat S.A. for $3.1 Billion

SES S.A. agreed to buy Intelsat S.A. by purchasing 100% of the equity of Intelsat Holdings S.a.r.l. for $3.1 billion, creating a more robust multi-orbit satellite operator. SES later completed the acquisition, integrating the companies into a strengthened global satellite operator with an expanded GEO/MEO fleet and broader connectivity solutions.