Acquisition | SATIXFY COMMUNICATIONS LTD | 2nd July 2025
Initially announced on April 1, 2025, MDA SPACE LTD made a cash offer for SATIXFY COMMUNICATIONS LTD of USD 3 per SATIXFY COMMUNICATIONS LTD share held. SATIXFY COMMUNICATIONS LTD shareholders approved the Acquisition on May 20, 2025. Trading in shares of SATIXFY COMMUNICATIONS LTD is expected to be halted effective July 2, 2025.
The treatment below will be applied to the following indices:
- SATIXFY COMMUNICATIONS LTD will be removed from the Index.
- The weight of SATIXFY COMMUNICATIONS LTD (SATX.A) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 02/07/2025
Solactive US Extended Broad Market Index (GTR)