Brief: Altamir to acquire Airbus' commercial satellite communication business
22/12/2015 07:04
Dec 22 (Reuters) - Altamir SCA ALMP.PA :
* Altamir to invest with the Apax Funds in the commercial satellite communication business
sold by Airbus Group AIR.PA
* Apax Partners signed with Airbus Group agreement to acquire 100 pct of commercial
satellite communication business
* Government satcom business is not part of this transaction and remains part of Airbus
Defence and Space core activities
* The transaction corresponds to the 50 million euro ($54.5 million) commitment made by
Altamir as of 30 June 2015
Source text for Eikon: ID:nACT42529
Further company coverage: ALMP.PA
($1 = 0.9168 euros)
(Gdynia Newsroom)
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