The British satellite communications company Inmarsat has agreed a $7.3bn (£5.4bn) takeover by the California-based Viasat, becoming the latest UK tech firm to be taken over by a foreign rival.
The deal is the latest in which a UK company that plays a key role in Britain’s economy and national security is to be taken over by foreign rivals or private equity firms. Inmarsat was listed on the London Stock Exchange before being taken private two years ago by a consortium including the private equity
Read more on theguardian.com