Government to green light £2.6bn takeover of UK defence supplier
The £2.6bn takeover of UK defence supplier Ultra Electronics by private equity-owned Cobham is reportedly set to receive a green light from the government. Business secretary Kwasi Kwarteng announced on Thursday that he is “minded to accept undertakings offered”, despite national security concerns. The government interrupted the deal in August last year, amid a string[...] The post Government to green light £2.6bn takeover of UK defence supplier appeared first onCityAM . .. Full story on cityam.com
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