satellite communications (satcom)

Investing ideas

ST Engineering expected to soar above peers with latest acquisitions

SINGAPORE (Oct 14): Analysts are bullish on ST Engineering on the back of future trends of its satcom business and recent acquisitions, which are expected to contribute positively to this segment’s growth.

M&A

ST Engineering acquires satcom company Newtec for $383 mil

SINGAPORE (Mar 28): ST Engineering is acquiring Newtec Group NV, a Belgium-based satellite communications (satcom) company, for 250 million euros ($383 million).
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