TORONTO - MDA Space Ltd. says it has entered into a firm offer to acquire a majority interest in France-based Collecte Localisation Satellites.

MDA Space (NYSE:MDA) shares are moving lower in Wednesday's after-hours session after the company announced an offering of common stock.

TORONTO - MDA Space Ltd. says it has entered into a firm offer to acquire a majority interest in France-based Collecte Localisation Satellites.

Canadian company MDA Space is buying a French Earth data analytics company in its second big acquisition in recent weeks, part of a space M&A wave.