June 26, 2018 / 7:12 AM / 5 months ago

France's Eutelsat says does not intend to make offer for Inmarsat

June 26 (Reuters) - Eutelsat Communication SA said on Tuesday it did not intend to make an offer for Inmarsat , a day after the French satellite group said it was considering making a bid.

The move comes after London-based Inmarsat said earlier this month it had rejected a takeover approach from EchoStar , a U.S. company which has continued to build a stake in Inmarsat. (Reporting by Arathy S Nair in Bengaluru; Editing by Bernard Orr)

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