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Spacecom and Xinwei extend sale renegotiation talks in Amos-6 fallout

Connectivity BusinessbyConnectivity Business
November 1, 2016
in Uncategorized
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Spacecom has given itself more time to renegotiate a sale to Beijing Xinwei Technology after the loss of its Amos-6 satellite compromised their original US$285m deal. They now have until 15 November to devise a new takeover plan. Spacecom (TASE:SCC) has given itself more time to renegotiate a sale to Beijing Xinwei Technology (SHH:600485) after the spectacular loss of its Amos-6 […]

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Tags: Asia Broadcast Satellite (ABS)Asia PacificAvanti CommunicationsBeijing Xinwei Technology GroupEurocom GroupFacebookJPMorgan ChaseLeoSatLockheed MartinLuxembourg Space TelecommunicationMiddle EastNewsatOneWebPremiumSpacecomSpaceXYahsat
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