fb
SWGL Fanshop Edition One

Yahsat wants to list 30% at the Abu Dhabi stock exchange

Paris, 22 June 2021. – The satellite operator Yahsat, owned by the Abu Dhabi investment fund Mubadala, wants to go public, sell “at least 30%” of its capital and list at the Abu Dhabi Securities Exchange, the company announced.

The offering creates an opportunity for investors to participate in the strategic growth of a leading integrated satellite communication services provider, Yahsat said. 

The offering and subsequent listing are currently expected to take place in the third quarter of 2021, Yahsat said, subject to market conditions and obtaining relevant regulatory approvals.
Mubadala will remain a majority shareholder.

Check Also

#SpaceWatchGL Opinion: Sustainability and Space Debris

The ESA Agenda 2025 – Opinions by members of the SichTRaum network. On April 7 this year, one month after Dr. Josef Aschbacher took office as the European Space Agency's (ESA) new Director General, the ESA Agenda 2025 was released. This document contains the agenda of the new Director General for the agency