SES launching capital raising to fund move to 100% of O3b Networks

Launching capital raising of 39.86 million new FDRs and 19.93 million new Class B shares in order to fund increasing SES's share of O3b to 100%

Strengthening SES's differentiated global network and capabilities with O3b's unique ‘fibre in the sky' solution

Move to 100% enhances SES's long-term growth outlook and accelerates important commercial and financing synergies between the SES and O3b businesses

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SES S.A. ...

Source : http://me-newswire.net//news/18010/en...