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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.
October 14, 2019
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).
March 28, 2019