SES Global neemt New Skies Satellites over voor USD 760 mln

SES Global to acquire New Skies Satellites for USD 760 mln

Global satellite operator SES Global will acquire 100 percent of Netherlands-based satellite operator New Skies Satellites by way of a merger under Bermudian law (an amalgamation). SES Global will acquire New Skies for USD 22.52 per share in cash. Existing options will be cancelled for a payment equal to the difference between USD 22.52 per share and the exercise price. The total payment for the equity of New Skies will be USD 760 million. At closing, New Skies is expected to have approximately USD 400 mill