With Eutelsat OneWeb investment, UK government’s ‘golden share’ has new meaning

by Peter B. de Selding

Golden share --

It’s a share, a share with the sovereign touch.

Does it mean much?

PARIS — Eutelsat’s entry into OneWeb as a 24% shareholder — on equal footing with the equity stakes of the British government and India’s Bharti Global — throws light on the British government’s “golden share.”

According to OneWeb filings with British regulators, the golden share is a single “B” share that requires OneWeb’s board and its . . .

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