Comment / M&A radar: SATS + WFS – just for the sake of clarity...

ID 164008887 © Jon Anders Wiken | Dreamstime.com

In rather unusual fashion, but to stress how much it cares about getting the right message across to investors, SATS has lodged another filing today with the Singapore Exchange (SGX) to make sure we all understand the funding structure of its €2.25bn tie-up with Worldwide Flight Services (WFS).

In the wake of local coverage by The Business Times, headed “Sats-WFS deal: Lack of clarity on funding plan diverts investor focus from merits of acquisition“, which highlighted the SATS stock dive last Friday, ...