Eutelsat Communications (FR:ETL) has released an update.
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Eutelsat Group is set to restructure its ground segment infrastructure, entering exclusive negotiations with EQT Infrastructure VI fund to form a new company. Eutelsat will retain a 20% stake in the new standalone entity, which aims to become the world’s largest operator-neutral ground station-as-a-service company. The deal, valued at €790m, is expected to enhance Eutelsat’s financial profile and allow it to concentrate on advancing its satellite fleet, with closure anticipated in early 2026.
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