UK’s CMA grants unconditional approval to Inmarsat’s acquisition by Viasat

The UK’s Competition and Markets Authority (CMA) has granted unconditional approval to the proposed acquisition of Inmarsat by Viasat. The CMA concluded its Phase II review, affirming its provisional findings that the transaction does not pose any competition concerns, and allowed the acquisition to proceed without remedies. According to Viasat, the decision is an important milestone towards finalising the deal. The proposed transaction has already received clearance from the UK government under the National Security and Investment Act and the CMA, as well as from the Australian government’s Foreign Investment Review Board and the Committee on Foreign Investment in the US.