Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 83

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 83
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 the Acquisition and the other Transactions, having been obtained or made or any applicable waiting period in respect thereof having
expired or been terminated; (vi) the applicable approval has been obtained by the DCSA; and (vii) the waiting periods applicable to the Transactions pursuant to Section 122.4(b) of ITAR administered by the U.S. Department of
State’s Directorate of Defense Trade Controls have elapsed. On May 24, 2024, both Intelsat and SES filed their respective HSR Filings. On May 30, 2024, SES and Intelsat jointly filed the applications to obtain the applicable FCC
consent, on October 15, 2024, SES and Intelsat jointly filed a consolidated response to comments received from third parties, and on October 25, 2024, SES and Intelsat jointly filed consolidated reply comments. On January 13, 2025, the FCC
issued General Information Requests to SES and Intelsat and the companies each provided their responses in February 2025 and continue to respond to additional inquiries from the FCC. Furthermore, on September 30, 2024, the FCC referred the
parties’ applications to the Committee for the Assessment of Foreign Participation in the United States Telecommunications Services Sector (“Committee”) for the Committee’s views on any national security or law enforcement
concerns related to the applications. On March 10, 2025, the Committee notified the FCC that SES and Intelsat has provided complete responses to initial questions posed by the Committee and that the Committee had begun its initial 120-day review
period to assess whether granting the applications will pose a risk to the U.S.’s national security or law enforcement interests. SES and Intelsat continue to respond to additional inquiries from the Committee. On June 24, 2024, Intelsat
and SES each received a request for additional information, often referred to as a “second request,” from the DOJ. Intelsat and SES each submitted their responses and certified substantial compliance with their respective Second Requests
in December 2024. Following pre-notification discussions with both the UK Competition & Markets Authority (“CMA”) and the European Commission, merger control notifications in relation to the Transaction have been formally
accepted by both authorities. The current statutory deadline for the CMA’s phase 1 decision is June 12, 2025 and the provisional deadline for the European Commission’s phase 1 decision is June 10, 202