LA PLATA, Maryland — The French government’s changed security/autonomy calculus and its increased ownership stake in satellite fleet operator Eutelsat caused the collapse of Eutelsat’s $656 million sale-and-leaseback of its ground assets to EQT Group of Sweden’s SatPort Infrastructure portfolio company.
Appearing on French television Jan. 30, French Economy Minister Roland Lescure said Eutelsat’s proposed sale of an 80% stake in the ground assets to SatPort Infrastructure was stopped as part a stricter assessment of what French assets should . . .
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