Musk’s undisclosed Starlink costs undercut profitability claims
SpaceX’s prized Starlink satellite business is still burning through more cash than it brings in. People familiar with the finances ...
Tag: General Electric
Investments flood into electric and autonomous vehicles as sector develops
Interest from SPACs and private equity underline enthusiasm for the electric vehicle (EV) and autonomous vehicle (AV) ecosystems, as a ...
Bowenvale seeks AsiaSat buyout
Chinese government-backed Bowenvale has launched a HK$2.6bn (US$335m) buyout offer for the 26% it does not already own in AsiaSat, ...
Carlyle to buy GE’s stake in AsiaSat
Private equity firm Carlyle Group has entered into a share purchase agreement with General Electric to acquire the latter’s 36.84% ...
Avio sale heading to new year
The space assets sale of Italian defence and rocket equipment specialist Avio will likely be pushed into early next year, SatelliteFinance ...
Safran eyeing Avio’s space assets
French aerospace group Safran is in early talks about acquiring the space assets of Italian defence and rocket equipment specialist Avio. ...
GE buys Avio’s aviation assets for US$4.3bn
General Electric (GE) has announced plans to acquire the aviation assets of Italian defence and rocket equipment specialist Avio for US$4.3bn. ...
Shareholders stymie AsiaSat privatisation plan
The plan by AsiaSat’s management to take the satellite operator private has been scuppered by its minority shareholders. At a ...
AsiaSat management to take company private
The management of satellite operator AsiaSat has formed a Management Stock Ownership Trust (MSOT) in order to buy out the ...
No takeover bids for Inmarsat
UK-based MSS operator Inmarsat has not received any takeover bids, despite reports suggesting approaches from private equity as well as ...
