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Hungary's 4iG in talks to buy 51% stake in Spacecom

Tuesday 15 June 2021 | 15:50 CET | News
Spacecom announced that Hungary's 4iG is negotiating to take a majority 51 percent stake in the Israel-based satellite services company. 4iG is expected to pay around USD 65 million (ILS 215 million), based on a price of USD 2.62 per share. This is some 68 percent higher than the average share price during the past six months.

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Categories: Mobile & Wireless / Broadcast & Satellite
Companies: Spacecom
Countries: Hungary / Israel
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