France Blocks Eutelsat’s €550m EQT Antenna Sale, Calling It a Security Risk
France blocked Eutelsat’s €550 million sale of ground antennas to EQT, citing national security, Finance Minister Roland Lescure said Friday. Eutelsat shares fell about 5% after the announcement. The company said the deal collapsed because closing conditions were not met. France holds nearly 30% of Eutelsat.