MDA Space offers to buy a majority interest in French satellite firm

Bloomberg07-09

TORONTO — MDA Space Ltd. says it has entered into a firm offer to acquire a majority interest in France-based Collecte Localisation Satellites. Under the agreement, MDA Space will acquire about a 70 ...

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Under the agreement, MDA Space will acquire about a 70 ...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/company-news/2026/07/09/mda-space-offers-to-buy-a-majority-interest-in-french-satellite-firm/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MDA","symbol_name":"MDA Space Ltd.","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/company-news/2026/07/09/mda-space-offers-to-buy-a-majority-interest-in-french-satellite-firm/","article_id":"2650273929","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/KHVUIZMT762J3K76MNXAODGJLU.jpg?smart=true&auth=1030bb1c6dd5c45d98cede17d0d74f5eff8aa4975de2bef5ea8d5598c32defbe&width=800&height=450"],"rights":{"source":"bnn_bloomberg_highlight","url":"https://www.bnnbloomberg.ca/business/company-news/2026/07/09/mda-space-offers-to-buy-a-majority-interest-in-french-satellite-firm/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2650273929","pubTimestamp":1783598040,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"MDA Space Ltd. says it has entered into a firm offer to acquire a majority interest in France-based Collecte Localisation Satellites. ","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"MDA":"MDA Space Ltd.","BK4187":"航天航空与国防"},"translate_title":"MDA Space提出收购法国卫星公司多数股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MDA":1.5},"content_text":"TORONTO — MDA Space Ltd. says it has entered into a firm offer to acquire a majority interest in France-based Collecte Localisation Satellites. Under the agreement, MDA Space will acquire about a 70 per cent interest in the company for about $920 million in cash, while the French space agency would retain about a 30 per cent interest. MDA Space CEO Mike Greenley says the goal is to provide global government and commercial customers with Earth and space observation data, products and services. Latest updates on company news hereThe transaction is subject to regulatory approvals and other closing conditions and is expected to be completed by the end of 2026 or early 2027. 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