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Completion of Divestment of AvComm and Wireless

16th Mar 2018 07:00

RNS Number : 9109H
Cobham plc
16 March 2018
 

16 March 2018

Legal Entity Identifier: 213800A41R9NL49E5632

 

Cobham Completes Divestment of AvComm and Wireless Test and Measurement Businesses for US$455m

 

Cobham has completed the divestment of its AvComm and Wireless test and measurement businesses to Viavi Solutions Inc. As previously announced in February 2018, this is for an all-cash consideration of US$455m (subject to certain post-completion adjustments and expenses).

 

- ends -

Enquiries:

 

Cobham plc

Julian Wais, Director of Investor Relations

MHP Communications

Reg Hoare/Tim Rowntree

 

+44 (0)1202 857998

+44 (0)20 3128 8100

 

 

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