Viasat Set To Gain Unconditional EU Antitrust Approval To Buy UK Rival Inmarsat, Source Says; EU Antitrust Approval Could Come As Early As Thursday
Portfolio Pulse from Benzinga Newsdesk
Viasat is set to gain unconditional EU antitrust approval to acquire UK rival Inmarsat, according to Reuters sources. The approval could come as early as Thursday.
May 25, 2023 | 11:25 am
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Viasat is expected to receive unconditional EU antitrust approval for its acquisition of UK rival Inmarsat, potentially boosting its stock price.
The news of Viasat's likely unconditional EU antitrust approval for its acquisition of Inmarsat is a positive development for the company. This approval will allow Viasat to expand its market presence and potentially increase its revenues. As a result, the stock price of Viasat may experience a short-term boost due to this positive news.
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