IntelSat Purchased by BC Partners
The UK-based private equity firm BC Partners has purchased 76 percent of Intelsat, Ltd., the world’s largest commercial satellite operator, for $5.03 billion US dollars.
BC Partners, which has its business focus in Europe, will also take on Intelsat’s debt load of $11 billion and a further $3.9 billion US dollars in debt. The firm […]
Written by Jim Taylor on June 22nd, 2007 with no comments.
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