Posts tagged: Norges

Betaville Intelligence

RARE ALERT: Inmarsat said to...- Part 3

Tuesday, 21 May 2019, 7:21 pm

Arbitrageurs breathed a huge sigh of relief after the Scheme of Arrangement to take Inmarsat private scraped through with just 78.9pc of shareholders giving it the green light.

So who was it that voted against the deal completing?

According to one mole, Norges - the Norwegiant investor that owns around 3pc of Inmarsat - voted against approving the Scheme.

There is also talk a well-known British institutional investor also disapproved although it's not clear why...