France's Eutelsat buys Mexican satellite company
MEXICO CITY, July 31
MEXICO CITY, July 31 (Reuters) - France's Eutelsat Communications on Wednesday said it bought Mexico's Satelites Mexicanos (Satmex) in a cash deal worth $1.142 billion, including debt.
Eutelsat will pay $831 million for Satmex and it will take on the Mexican company's $311 million in net debt.
The deal should close by the end of this year, Satmex said in a statement.
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