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Completion of Divestment

9th Jun 2015 07:00

RNS Number : 5768P
Cobham plc
09 June 2015
 



9 June 2015

 

Completion of Divestment of Weinschel and Inmet Businesses for US$80m

 

Further to its Stock Exchange Announcement dated 24 April 2015, Cobham has now completed the divestment of its Weinschel and Inmet businesses to API Technologies Corp. for US$80m in cash.

 

- ends -

ENQUIRIES

 

Cobham plc

Julian Wais, Director of Investor Relations

+44 (0)1202 857998

Brunswick

Michael Harrison/Charles Pemberton

+44 (0)20 7404 5959

 

NOTES

 

1. Cobham protects lives and livelihoods with its differentiated technology and know-how. The Group offers an innovative range of technologies and services to solve challenging problems across commercial, defence and security markets, from deep space to the depths of the ocean. It has market leading positions in air-to-air refuelling; aviation services; wireless; audio, video and data communications, including satellite communications; defence electronics; life support and mission equipment.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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