Satellite And Space Project News - August 2016

SES acquisition of O3b gets regulatory approval:  SES S.A. has announced that it obtained regulatory approval for its acquisition of 100% of O3b Networks.  It completed its acquisition on 1 August 2016, and O3b will be fully consolidated in SES's financial accounts from that date.  SES paid US$730 million to directly increase its fully diluted ownership of O3b from 49.1% to 100%, using proceeds from the company's recent equity raising.  

ASL acquisition of Arianespace:  The European Commission has approved Airbus Safran Launcher's acquisition of Arianespace under the EU Merger Regulation,.  The approval is subject to conditions to address concerns that the transaction would give rise to flows of sensitive information between Airbus and Arianespace to the detriment of competing satellite manufacturers and launch service providers.