The UK's competition regulator has launched an investigation into a proposed takeover of Warburg Pincus. 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, Inmarsat 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.
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.