PE-led consortium to acquire UK’s Inmarsat in USD3.4bn deal
A consortium led by private equity firms Apax and Warburg Pincus is to acquire British satellite communications company Inmarsat in a deal worth USD3.4 billion. The consortium, which also includes the Canada Pension Plan Investment Board (CPPIB) and the Ontario Teachers’ Pension Plan Board (OTPP), has agreed to pay USD7.21