SES: business still challenging
SES’ president & CEO Romain Bausch confirmed last week that it is keeping an eye open for possible acquisition and expansion targets “should opportunities arise”. He specifically referred to PanAmSat’s Middle East coverage as filling the sort of gap neither SES Astra nor SES Americom currently covered. Bausch is already on record as saying that SES is looking to expand its coverage over Latin America. While giving nothing away as to formal plans, SES confirmed again it is still considering a second European listing to increase the free float of its stock, currently around 25%.