Gilat Satellite Networks Ltd
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Information Technology : Communications Equipment | Small Cap Value
Based in Israel
Company profile

Gilat Satellite Networks Ltd. is a provider of satellite-based broadband communications. The Company operates through three segments: Commercial, Mobility and Services divisions. The Company designs and manufactures satellite ground segment and networking communications equipment, which it sells to its customers either as network components (modems, Block Up converters (BUCs), antennas) or as complete network solutions (which include hubs and related terminals and services) or turnkey projects. The equipment that the Company develops includes commercial Very Small Aperture Terminals (VSAT) systems, defense and homeland security satellite communications systems, solid-state power amplifiers (SSPAs), BUCs, low-profile antennas, on-the-Move/on-the-Pause terminals and modems. The Company's equipment is used by satellite operators, service providers, telecommunications operators, system integrators, government and defense organizations, large corporations and enterprises.

Closing Price
$9.24
Day's Change
0.09 (0.98%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.35
Day's Low
9.12
Volume
(Average)
Volume:
507,560

10-day average volume:
492,639
507,560

Laurent Meyer to Join Barclays as Vice Chairman for Investment Banking Europe

10:41 am ET July 22, 2021 (BusinessWire) Print

Barclays today announces the appointment of Laurent Meyer as Vice Chairman for Investment Banking Europe.

With over 28 years of investment banking experience, Laurent will focus on driving revenue growth for the Investment Banking business in Europe, with a focus on delivering M&A and Equity Capital Markets advice to clients in France and across Europe. In addition, he will work closely with Raoul Salomon, Country CEO for France, as well as Investment Banking country, product and sector teams, to maximise client opportunities across Barclays.

Laurent will join Barclays from Societe Generale where he has spent the past 23 years, most recently as a Senior Banker in charge of covering and developing relationships with a large portfolio of the bank's global strategic clients. Prior to that, Laurent was Chairman of their M&A business, originating and executing numerous cross-border and public transactions. Before Societe Generale, he spent five years at Deutsche Bank and Morgan Grenfell in their Corporate Finance teams. During his career, Laurent has executed a number of notable transactions for clients including ArcelorMittal, LafargeHolcim, Total, Safran, Vivendi, Accor, Edenred, Engie and Suez.

Based in Paris, Laurent will report regionally to Reid Marsh, Head of Investment Banking for Europe, Middle East and Africa, and locally to Yann Krychowski and Ghislain de Brondeau, Co-Heads of Investment Banking, France and BeLux.

Laurent's appointment is one of a series of hires made in 2021 to further strengthen Barclays' European Investment Banking franchise, including Tobias Akermark as Head of Nordic Investment Banking and Country CEO for Sweden, Bronson Albery as Head of Real Estate Investment Banking for EMEA, and Anthony Samengo-Turner as Head of M&A for Germany, Austria and Switzerland.

Reid Marsh, Head of Investment Banking, Europe, Middle East and Asia Pacific, commented: "Not only will Laurent's proven banking capabilities make him a great addition to the team and add considerable value for our clients, but the strength and breadth of his expertise will serve us well as he partners with our country, product and sector teams across the EMEA region. This appointment supports our commitment to further strengthen both our Investment Banking capabilities and our broader European franchise."

View source version on businesswire.com: https://www.businesswire.com/news/home/20210722005705/en/

SOURCE: Barclays

Tom Sullivan
+447796706678
tom.sullivan@barclays.com
comtex tracking

COMTEX_390244219/1006/2021-07-22T10:41:00

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