RARE ALERT: Inmarsat said to be working on US takeover deal

Tuesday, 7 July 2015, 8:14 pm

Regular viewers of my Tip TV slot will know that I have been working on a story involving London-listed Inmarsat, the satellite network operator.

Well, I haven't managed to completely get to the bottom of the story out but I think I am barking up the right tree, so here is the tale.

Well-placed sources tell me Inmarsat has been working furiously hard on an acquisition of a US-based business, with a view to closing a deal in the next few months.

Don't, though, get too excited - I understand that Inmarsat's takeover target is a private company...

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