MDA Boosts SatixFy Takeover Bid 45% To $280M

mda
Credit: MDA Space
Canadian space company MDA Space has agreed to boost the proposed deal value of its takeover of embattled Israeli chip developer SatixFy by 45%, to $280 million from $193 million, after the latter apparently found a rival suitor. MDA announced May 20 it would pay $3 a share for SatixFy if the latter...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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