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Global Eagle Entertainment to form Chinese JV with HNA Group’s Shareco

Connectivity BusinessbyConnectivity Business
November 9, 2016
in Uncategorized
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Inflight connectivity firm Beijing Shareco Technologies is to invest up to US$416m in Global Eagle Entertainment and become a 34.9% shareholder whilst forming a Chinese joint venture that the US satcoms provider says will accelerate its growth in Asia. Under the new arrangement, GEE will end up with a 49% stake in a JV with Shareco that will become the […]

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Tags: American AirlinesAsia PacificBank of America Merrill LynchBarclaysEmerging Markets Communications (EMC)Fangda PartnersGlobal Eagle EntertainmentHarris CapRock CommunicationsHNA GroupMoelis & CompanyNorth AmericaPremiumSharecoSidley AustinSimpson Thacher & BartlettSpeedcastViasat
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