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NEUTRAL

Eutelsat Communications Announces Change in Shareholding

Why we think this is neutral

This RNS announcement is a director dealings update, which does not fall under the mandatory news types that require detailed analysis. The announcement details a change in shareholding for Eutelsat Communications, but does not contain any information about the company's financial performance, operations, or future prospects.

Key Points

  • Bpifrance Participations has sold its entire stake in Eutelsat Communications to the French Government
  • Caisse des Dépôts and its subsidiary CNP Assurances currently hold a combined stake of 0.003081% in Eutelsat Communications

Summary

The communication equipment company announces a change in its shareholder structure.

Eutelsat Communications S.A. has announced a change in its shareholder structure. According to the RNS, Bpifrance Participations has sold its entire stake in Eutelsat Communications to the French Government through an off-market block sale. The announcement also details the current shareholding positions of Caisse des Dépôts and its subsidiary CNP Assurances in Eutelsat Communications.

DIRECTOR DEALINGS