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Cobham Sells Surveillance Unit To Marlin Affiliate For USD10 Million

LONDON (Alliance News) - Defence and aerospace company Cobham PLC on Friday said it has sold its ...

Alliance News 15 January, 2016 | 7:37AM
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LONDON (Alliance News) - Defence and aerospace company Cobham PLC on Friday said it has sold its Surveillance unit to an affiliate of private equity group Marlin Equity Partners.

FTSE 250-listed Cobham said it had sold the unit, part of its Communications & Connectivity unit, for USD10.0 million in cash.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Cobham PLC 159.80 GBX 0.25

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Alliance News

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