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