Inmarsat PLC (ISA.L)
17 Aug 2018
* Shares slip after maritime revenue shows little growth (Adds further comments on takeover, analyst reaction)
LONDON, Aug 2 Inmarsat plc, the British satellite operator that rebuffed an approach from EchoStar last month, reported a 5 percent rise in second-quarter revenue and said it was well placed to continue to grow.
July 6 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
LONDON U.S. satellite group EchoStar dropped a $3.2 billion takeover approach for Inmarsat on Friday after failing with a late attempt to persuade the British company into talks.
* Inmarsat shares down 8 percent (Recasts with EchoStar's decision to abandon its bid)
* Inmarsat rejects takeover approach (Adds detail, updates prices at close)
U.S. satellite group EchoStar Corp said it does not intend to make an offer for Britain's Inmarsat Plc after the British company rejected a $3.2 billion takeover approach.
July 6 U.S. satellite group EchoStar Corp said it does not intend to make an offer for Britain's Inmarsat Plc after the British company rejected a $3.2 billion takeover approach.
LONDON, July 6 The UK's top share index rose on Friday, shrugging off any worries over global trade after U.S. tariffs on Chinese goods took effect.
LONDON, July 6 U.S. satellite group EchoStar said on Friday it was trying to seek engagement with the board of Inmarsat after the British firm rejected its latest takeover offer worth 2.45 billion pounds ($3.2 billion) to equity shareholders.