Viasat’s $4 Billion Inmarsat Deal Faces In-Depth UK Review (1)

Viasat Inc.’s $4 billion takeover of Inmarsat Group Holdings Ltd. faces an in-depth UK probe amid competition concerns over the plan to create the world’s biggest geostationary satellite company.

The Competition and Markets Authority said Friday it will take a closer look at the tie-up after it previously found concerns that it could lead to airlines and consumers facing higher prices and poorer onboard Wifi. It set a March 30 date to reach a final decision.

Carlsbad, California-based Viasat said it would acquire London-based Inmarsat for $850 million in cash and $3.1 billion in stock, and will assume ...