Inmarsat bidders make investment pledges after talks with UK government

LONDON (Reuters) – The private-equity led team seeking to buy Britain’s largest satellite company Inmarsat <ISA.L> has pledged to keep key operations in the United Kingdom and invest in the business as part of the deal, following talks with the government.

The takeover of Inmarsat is expected to be closely scrutinised by politicians in Westminster and regulators as the satellite company is seen as a strategic asset.

Founded in 1979, it was set up by the International Maritime Organization as a way for ships to communicate with those back on shore and…
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