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International investors gobble up Brit satellite specialist Inmarsat

Lexeus

Pension schemes are perfect investors here, with large stacks of cash sitting around and only interested in long term steady cash returns. The satellite industry is about as non-reliant on the British pound as you can get, I imagine most clients pay in USD. So yes getting in ahead of the rush, or perhaps they just think that in the current climate they are undervalued to start with and the pension funds like everyone else at the moment are not sure where they can safely put their money. Government bonds certainly aren't going to pay those pensions!

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