Bharti Space To Invest Additional INR 1,204 Cr In Eutelsat

The latest investment will be in addition to the €30 Mn earlier committed by Bharti Space in Eutelsat through a reserve capital increase process last month

Post the deal, Bharti Space’s shareholding in the French satcom operator will decline to 17.88% from 24.09% currently

This comes after Eutelsat said that it would increase the size of the round to €1.5 Bn after the UK government committed to joining the latest fundraise

Bharti Enterprises’ space arm, Bharti…