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UK defence business Ultra Electronics has seen its shares jump higher after the Government said it was set to clear the firm’s £2.6 billion takeover by private equity-owned Cobham.
Defence group Cobham Ltd has made a $3.6 billion offer to buy UK-based rival Ultra Electronics, Ultra said on Friday, adding that it was considering recommending the bid to shareholders. Shares in ...
By 2005, Ultra Electronics was ranked as the 66th biggest aerospace company in the world: at this point in time, the American market accounted for around one-third of the business's turnover. [20] In August 2021, the British aerospace and defence company, Cobham, agreed to acquire Ultra Electronics in exchange for £2.6 billion. [21]
In 2015, Herley was acquired by Ultra Electronics. [16] In August 2021 Ultra Electronics was bought by Cobham. [citation needed] In March 2023, the Herley portion of Ultra Electronics was acquired by CAES.
In September 1997, Cobham acquired ML Aviation for £37 million, which had taken over Nash & Thompson, a major competitor, the previous year. [7]In early 2008, Cobham purchased S-TEC Corporation, maker of general aviation autopilots, for $38 million; [8] during February 2008, the company also bought the sensor and antenna systems division of BAE Systems for $240 million. [9]
Business secretary Andrea Leadsom announced the investigation of Advent's takeover of Cobham on Wednesday. UK launches 'national security' probe into Advent's £4bn Cobham takeover Skip to main ...
Cobham Technical Services (the trading name of Cobham CTS Ltd) is a UK-based technology organisation founded in 1920. It sells products for terrestrial and satellite communications, navigation and sensor applications; technical services and specialised systems for high-voltage and lightning testing; electromagnetic and multiphysics simulation software products.
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