Exclusive: SoftBank to let OneWeb-Intelsat merger collapse - sources

(Reuters) - Japan's SoftBank Group Corp will let the $14 billion merger between its satellite startup OneWeb and peer Intelsat SA fall through, after failing to get enough of Intelsat creditors to back it, people familiar with the matter said on Wednesday.

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Credit Card Breach at Kmart Stores. Again.
SoftBank invests in industrial software firm OSIso...

Related Posts