Britain ‘monitoring’ US takeover of UK defence group
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Britain is “closely monitoring” the takeover of UK defence technology firm Ultra Electronics by US-owned Cobham amid security concerns, the government said Tuesday. Ultra last week agreed to a pound2.6-billion ($3.6-billion, 3.0-billion-euro) takeover from Cobham, the former London-listed defence giant now owned by Advent. US private equity group Advent has pledged to protect sensitive government […]https://www.defencetalk.com/britain-monitoring-us-takeover-of-uk-defence-group-77103/
Britain is “closely monitoring” the takeover of UK defence technology firm Ultra Electronics by US-owned Cobham amid security concerns, the government said Tuesday. Ultra last week agreed to a pound2.6-billion ($3.6-billion, 3.0-billion-euro) takeover from Cobham, the former London-listed defence giant now owned by Advent. US private equity group Advent has pledged to protect sensitive government […]https://www.defencetalk.com/britain-monitoring-us-takeover-of-uk-defence-group-77103/