UK satellite operator Inmarsat agrees $3.4bn takeover by consortium

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London-based Apax, Warburg of New York and two Canadian pension funds to buy company

Inmarsat, the British satellite communications company, has agreed to a $3.4bn takeover by a group led by the private equity firms Apax and Warburg Pincus, becoming the latest UK technology firm to be sold to investment firms.

 

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