[June 18, 2013] SKY Perfect JSAT may acquire Optus Satellite unit of Singapore Telecommunications (SingTel) Tweet Jun 18, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- According to Reuters, SKY Perfect JSAT Holdings, Inc., a Japan-based holding company engaged in broadcasting business, is one of the potential bidders for the Optus Satellite unit of Singapore Telecommunications Limited (SingTel), a Singapore-based telecommunications company. The Optus Satellite unit is an Australia-based provider of television, radio, phone, Internet data and military signals. The transaction is reported to be valued at more than AUD2,000 million ($1,929.32 million). Reportedly, Credit Suisse Group AG and Morgan Stanley are providing a loan of around AUD1,700 million ($1,627.73 million) to the private equity bidders for the transaction. Reportedly, Eutelsat Communications SA, Providence Equity Partners, Inc., Carlyle Group LP, Blackstone Group LP, Inmarsat, Asia Satellite Telecommunications Holdings, Ltd., Intelsat Corporation, NewSat, Ltd. and SES are also considered as potential bidders for the Optus Satellite unit. Credit Suisse Group and Morgan Stanley are acting as financial advisors to SingTel. Deal Value (US$ Million) 1929.32 Deal Type Acquisition Sub-Category Asset Purchase Deal Status Rumour: 2013-06-17 Deal Participants Target (Company) Singapore Telecommunications Limited - Optus Satellite Unit - Australia Acquirer (Company) SKY Perfect JSAT Holdings, Inc. (formerly SKY Perfect JSAT Corporation) Vendor (Company) Singapore Telecommunications Limited [ Back To TMCnet.com's Homepage ]