The Competition & Markets Authority has brought the deal to the attention of the Secretary of State for Digital, Culture, Media & Sport as it may reduce competition in the market. READ: Inmarsat shares rocket higher after agreeing US$3.4bn takeover by private equity-led consortium Inmarsat agreed in March to be taken private by a consortium consisting of private equity firms Apax Partners of the UK and US-based Warburg Pincus, together with two Canadian pension schemes. Completion of the deal had been pencilled in for around the end of the year, pending on regulatory approvals.