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flag France blocked Eutelsat’s sale of strategic antennas to EQT over security concerns, halting a 550M euro deal.

flag French Finance Minister Roland Lescure blocked Eutelsat’s sale of its ground antennas to Swedish private equity firm EQT, citing national security and sovereignty concerns. flag The antennas, vital for military and civilian satellite communications, are deemed strategic infrastructure. flag The French government, which owns 29.6% of Eutelsat, emphasized the decision was not about the investor’s quality but about protecting critical assets. flag The deal, expected to raise 550 million euros, will not proceed. flag Eutelsat’s shares dropped 5% in early trading. flag The government also approved the sale of defense firm LMB Aerospace to U.S.-based Loar Holdings, retaining a golden share and ensuring production stays in France.

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