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Latham & Watkins Advises on Intelsat’s US$3.1 Billion Acquisition by SES
May 1, 2024
Firm represented PJT Partners as financial advisor to Intelsat.
SES S.A. and Intelsat S.A. announced an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of US$3.1 billion (€2.8 billion) and certain contingent value rights. The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and benefit from the collective talent, expertise, and track record of both companies.
Latham & Watkins LLP represented PJT Partners as financial advisor to Intelsat in the transaction with a corporate deal team led by New York partner Robert Katz, with associate Sašo Kraner.