SES to take control of O3b Networks

SES to take control of O3b Networks Luxembourg (SPX) May 06, 2016 - SES S.A. has agreed to increase its interest in O3b Networks (O3b) to 50.5% and, in doing so, will take a controlling share in the company. The transaction is subject to regulatory approvals which are expected to be completed during H2 2016. SES will pay USD 20 million to increase its fully diluted ownership of O3b from 49.1% to 50.5%, bringing its aggregate equity investment in O3b to dat ... more

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