tiprankstipranks
Eutelsat Sells Majority Stake in New Infrastructure Entity
Company Announcements

Eutelsat Sells Majority Stake in New Infrastructure Entity

Eutelsat Communications (FR:ETL) has released an update.

Stay Ahead of the Market:

Eutelsat Group has signed a share purchase agreement with EQT Infrastructure to sell an 80% stake in a new entity holding its passive ground infrastructure assets, valued at €790 million. This strategic move allows Eutelsat to retain a 20% stake, ensuring its continued involvement as a long-term partner and tenant. The deal is set to close in early 2026, pending customary conditions.

For further insights into FR:ETL stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles