The uk 's competition regulator has launched an investigation into a proposed takeover of Inmarsat . A £ ##500 ( $ 3.2bn ) deal to acquire the company , which is uk ’s largest satellite communications provider , had been agreed by a consortium of investors , including Apax , Warburg Pincus and two Canadian pension schemes . However , concerns have been raised concerning the impact of the takeover on prices , with a decision on whether to allow the takeover to proceed or to launch an in - depth inquiry due on 10 September .
The UK's competition regulator has launched an investigation into a proposed takeover of Inmarsat. A £2.6bn ($3.2bn) deal to acquire the company, which is Britain’s largest satellite communications provider, had been agreed by a consortium of investors, including Apax, Warburg Pincus and two Canadian pension schemes. However, fears have been raised concerning the impact of the takeover on prices, with a decision on whether to allow the deal to proceed or to launch an in-depth inquiry due on 10 September.