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Hanwha Systems Divests Stake in Eutelsat Communications

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Hanwha Systems Divests Stake in Eutelsat Communications

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Eutelsat Communications ( (FR:ETL) ) has shared an update.

Eutelsat Communications, a prominent player in the satellite communications industry, has announced a significant change in its shareholder structure. Hanwha Systems UK Limited has reduced its voting rights in Eutelsat Communications from 5.4% to 0%, indicating a complete divestment of its stake. This move could impact Eutelsat’s strategic direction and market positioning as it adjusts to the changes in its shareholder base.

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