OneWeb bidders include 2 from China, Eutelsat with France & other EU nations, SpaceX, Amazon, Cerberus

by Peter B. de Selding

PARIS — Three weeks ago OneWeb Global Ltd. thought it might need a stalking-horse bid to stimulate an auction being organized as part of the company’s Chapter 11 bankruptcy.

Not from the looks of it. By the late May 4 deadline, at least six proposals had arrived at the offices of Guggenheim Securities in New York, OneWeb's investment banker; Milbank LLP, OneWeb's legal council; and OneWeb's McLean, Virginia, offices, according to industry officials familiar with the process.

Among the . . .

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