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SES
Global: “More $/€ to Come”
Investment bankers Morgan Stanley have taken a close look
at SES Global, following on the news of SES’ announced
plan to buy in 9% of its own stock. Morgan Stanley senior
analyst Sarah Simon suggests there’s likely more cash
to come to shareholders, although she also says that SES’ two
core investors, the Luxembourg state and General Electric,
might also have to give up some equity if the free float
is to stay in equilibrium.
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