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The latest investment will be in addition to the €30 Mn earlier committed by Bharti Space in Eutelsat through a reserve capital increase process last month
Post the deal, Bharti Space’s shareholding in the French satcom operator will decline to 17.88% from 24.09% currently
This comes after Eutelsat said that it would increase the size of the round to €1.5 Bn after the UK government committed to joining the latest fundraise
Bharti Enterprises’ space arm, Bharti…
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The latest investment will be in addition to the €30 Mn earlier committed by Bharti Space in Eutelsat through a reserve capital increase process last month
Post the deal, Bharti Space’s shareholding in the French satcom operator will decline to 17.88% from 24.09% currently
This comes after Eutelsat said that it would increase the size of the round to €1.5 Bn after the UK government committed to joining the latest fundraise
Bharti Enterprises’ space arm, Bharti…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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