Greenhill SPAC buys satellite phone company for $591m

The boutique investment bank will invest $23m alongside the blank cheque company it sponsored in Iridium Holdings. Robert Niehaus, founder of Greenhill's private equity unit, will become Iridum's chairman if the deal is approved by SPAC shareholders.

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.

Share this