Europeans buy Intelsat for $5 billion free review Hamilton, Bermuda, Aug. 17 (UPI) -- A European consortium has agreed to pay $3 billion and assume debt to acquire the world's No. 2 satellite provider, the Financial Times reported Tuesday.  European/US private equity consortium buys Intelsat in deal valued at $5bn (http://www.altassets.com/news/arc/2004/nz5333.php , AltAssets) Apax and Permira finalise $5bn acquisition of moon-landing firm (http://news.independent.co.uk/business/news/story.jsp?story=552337 , Independent)   
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Europeans buy Intelsat for $5 billion

Hamilton, Bermuda, Aug. 17 (UPI) -- A European consortium has agreed to pay $3 billion and assume debt to acquire the world's No. 2 satellite provider, the Financial Times reported Tuesday.

Updated Aug 17, 2004 21:07:01
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AuthorWashington Times
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Description:
European/US private equity consortium buys Intelsat in deal valued at $5bn (http://www.altassets.com/news/arc/2004/nz5333.php — AltAssets)
Apax and Permira finalise $5bn acquisition of moon-landing firm (http://news.independent.co.uk/business/news/story.jsp?story=552337 — Independent)

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  • European/US private equity consortium buys Intelsat in deal valued at $5bn - An unusual alliance of US and European private equity firms has won the auction to buy Bermuda-based satellite business Intelsat. Europeans Apax and Permira and US firms Apollo Management and Madison Dearborn will pay $3bn for the business and assume $2bn
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