20th Oct 2013 07:56
LONDON (Alliance News) - UK defence firm Qinetiq Group PLC is set to be broken up after bosses at the former Ministry of Defence research arm put its American division up for sale, sending sale documents to potential suitors last week, The Sunday Times reports.
The paper quotes industry sources saying that they believe the sale of the American business could spark interest in the rest of Qinetiq, which was controversially privatised in 2006.
http://www.thesundaytimes.co.uk/sto/business/Companies/article1329595.ece
- By Steve McGrath; [email protected]; @SteveMcGrath1
Copyright 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Qinetiq