Britain ‘monitoring’ US takeover of UK defence group
By AFP
July 28, 2021
London: Britain is "closely monitoring" the takeover of UK defence technology firm Ultra Electronics by US-owned Cobham amid security concerns, the government said on Tuesday. Ultra last week agreed to a £2.6-billion ($3.6-billion, 3.0-billion-euro) takeover from Cobham, the former London-listed defence giant now owned by Advent.
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