The Competition and Markets Authority (CMA) has launched an examination into the proposed £5.4 billion takeover of Inmarsat by its US rival Viasat, Inc.
Nick Thexton, Chief Technology Officer (CTO) of ProSiebenSat.1, is leaving the German media company after less than a year.
Outgoing culture secretary Nicky Morgan has waived through the private equity takeover of British satellite communications firm Inmarsat.
Britain’s competition watchdog has launched an investigation into the proposed takeover of Inmarsat.
Inmarsat is to become a private company after accepting a $3.4 billion cash bid from a private equity company.
Inmarsat is considering a £2.5 billion takeover offer from a private equity consortium that includes one of its former owners.
German broadcaster ProSiebenSat.1 has appointed Nick Thexton to the newly created position of Chief Technology Officer, as the company continues to advance the technological transformation of its business.
Eutelsat Communications has said it does not intend to make a bid for mobile satellite communications operator Inmarsat.
Eutelsat Communications has confirmed it is evaluating a possible bid for Inmarsat.
ViaSat, Eutelsat and Panasonic have lodged a complaint with the European Court of Justice seeking an injunction on the proposed service by Inmarsat for WiFi connectivity in planes.