The U.K.’s Competition and Markets Authority (CMA) has announced that the proposed merger between London-based satellite communications company Inmarsat and its U.S. rival Viasat raises potential competition concerns, and plans to launch a full-scale investigation into the deal.
The $7.3 billion transaction, comprising a mix of cash, equity, and debt, was first announced last November, but given the size and significance of the deal, it has faced significant scrutiny.
The U.K. government initially kicked off a review of the deal based on national security grounds, though it finally green
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