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SES S.A. ( (FR:SESG) ) just unveiled an announcement.
On July 14, 2025, SES S.A. announced it received all necessary regulatory approvals, including from the US Federal Communications Commission, to complete its acquisition of Intelsat. The agreement, initially announced on April 30, 2024, involves a cash consideration of $3.1 billion. SES plans to finalize the transaction around July 17, 2025, marking a significant step in its strategic expansion and potentially enhancing its market position in the satellite communications industry.
The most recent analyst rating on (FR:SESG) stock is a Hold with a EUR3.05 price target. To see the full list of analyst forecasts on SES S.A. stock, see the FR:SESG Stock Forecast page.
More about SES S.A.
SES S.A. is a global provider of content and connectivity solutions, operating a fleet of geosynchronous and medium earth orbit satellites. The company delivers high-quality video content and seamless data connectivity services worldwide, partnering with telecommunications companies, mobile network operators, governments, and broadcasters. Headquartered in Luxembourg, SES is listed on the Paris and Luxembourg stock exchanges.
Average Trading Volume: 454,474
Technical Sentiment Signal: Buy
Current Market Cap: €2.57B
See more insights into SESG stock on TipRanks’ Stock Analysis page.