Hanwha dumps Eutelsat OneWeb
South Korea’s Hanwha Systems is selling its shares in Eutelsat (equal to a 5.4 per cent stake) for a reported €78 million ($85m). Citi Bank says the shares are on offer at just €3, which is some 13.9 per cent below Eutelsat’s current share price. The move makes a 74 per cent loss for Hanwha […]