SES released its 2016 investor Day presentation and made several comments regarding O3b’s integration and future revenue projections. O3b The company justified the decision to buy the remaining 49.5% of O3b by listing the different synergies that are expected to be generated in the coming years and stating that the company should save c.€40m on the acquisition price thanks to the avoidance of additional interest costs linked to the subsequent exercise of the call or put option. SES
22 Jun 2016
Guidance confirmation, synergy specification
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Guidance confirmation, synergy specification
SES SA FDR (Class A) (SESG:PAR) | 0 0 4.1% | Mkt Cap: 5,372m
- Published:
22 Jun 2016 -
Author:
Myriam Cohen -
Pages:
3
SES released its 2016 investor Day presentation and made several comments regarding O3b’s integration and future revenue projections. O3b The company justified the decision to buy the remaining 49.5% of O3b by listing the different synergies that are expected to be generated in the coming years and stating that the company should save c.€40m on the acquisition price thanks to the avoidance of additional interest costs linked to the subsequent exercise of the call or put option. SES