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Cobham clears hurdle in bid for Ultra Electronics

by Marc Selinger

Ultra Electronics displayed its Orion X510 radio at the US Navy League's Sea-Air-Space Exposition in April 2022. The radio enables deployed forces to share data. (Janes/Marc Selinger)

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded to accept” the legally binding commitments that Cobham Group has offered to make, to address national security concerns about its proposed acquisition of Ultra Electronics, the UK government announced on 23 June.

Kwarteng will not make a final decision on Cobham's commitments, or “undertakings”, until a public comment period ends on 3 July, the government said. Although Cobham and Ultra are both based in the UK, Cobham is owned by a US private equity firm Advent International, which has faced criticism for divesting several Cobham businesses.


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https://www.janes.com/defence-news/cobham-clears-hurdle-in-bid-for-ultra-electronics/

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded...

Cobham clears hurdle in bid for Ultra Electronics

by Marc Selinger

Ultra Electronics displayed its Orion X510 radio at the US Navy League's Sea-Air-Space Exposition in April 2022. The radio enables deployed forces to share data. (Janes/Marc Selinger)

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded to accept” the legally binding commitments that Cobham Group has offered to make, to address national security concerns about its proposed acquisition of Ultra Electronics, the UK government announced on 23 June.

Kwarteng will not make a final decision on Cobham's commitments, or “undertakings”, until a public comment period ends on 3 July, the government said. Although Cobham and Ultra are both based in the UK, Cobham is owned by a US private equity firm Advent International, which has faced criticism for divesting several Cobham businesses.


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Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/cobham-clears-hurdle-in-bid-for-ultra-electronics/

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded...

Cobham clears hurdle in bid for Ultra Electronics

by Marc Selinger

Ultra Electronics displayed its Orion X510 radio at the US Navy League's Sea-Air-Space Exposition in April 2022. The radio enables deployed forces to share data. (Janes/Marc Selinger)

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded to accept” the legally binding commitments that Cobham Group has offered to make, to address national security concerns about its proposed acquisition of Ultra Electronics, the UK government announced on 23 June.

Kwarteng will not make a final decision on Cobham's commitments, or “undertakings”, until a public comment period ends on 3 July, the government said. Although Cobham and Ultra are both based in the UK, Cobham is owned by a US private equity firm Advent International, which has faced criticism for divesting several Cobham businesses.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/cobham-clears-hurdle-in-bid-for-ultra-electronics/

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded...

Cobham clears hurdle in bid for Ultra Electronics

by Marc Selinger

Ultra Electronics displayed its Orion X510 radio at the US Navy League's Sea-Air-Space Exposition in April 2022. The radio enables deployed forces to share data. (Janes/Marc Selinger)

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded to accept” the legally binding commitments that Cobham Group has offered to make, to address national security concerns about its proposed acquisition of Ultra Electronics, the UK government announced on 23 June.

Kwarteng will not make a final decision on Cobham's commitments, or “undertakings”, until a public comment period ends on 3 July, the government said. Although Cobham and Ultra are both based in the UK, Cobham is owned by a US private equity firm Advent International, which has faced criticism for divesting several Cobham businesses.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/cobham-clears-hurdle-in-bid-for-ultra-electronics/

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded...

Cobham clears hurdle in bid for Ultra Electronics

by Marc Selinger

Ultra Electronics displayed its Orion X510 radio at the US Navy League's Sea-Air-Space Exposition in April 2022. The radio enables deployed forces to share data. (Janes/Marc Selinger)

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded to accept” the legally binding commitments that Cobham Group has offered to make, to address national security concerns about its proposed acquisition of Ultra Electronics, the UK government announced on 23 June.

Kwarteng will not make a final decision on Cobham's commitments, or “undertakings”, until a public comment period ends on 3 July, the government said. Although Cobham and Ultra are both based in the UK, Cobham is owned by a US private equity firm Advent International, which has faced criticism for divesting several Cobham businesses.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/cobham-clears-hurdle-in-bid-for-ultra-electronics/

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded...

Cobham clears hurdle in bid for Ultra Electronics

by Marc Selinger

Ultra Electronics displayed its Orion X510 radio at the US Navy League's Sea-Air-Space Exposition in April 2022. The radio enables deployed forces to share data. (Janes/Marc Selinger)

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded to accept” the legally binding commitments that Cobham Group has offered to make, to address national security concerns about its proposed acquisition of Ultra Electronics, the UK government announced on 23 June.

Kwarteng will not make a final decision on Cobham's commitments, or “undertakings”, until a public comment period ends on 3 July, the government said. Although Cobham and Ultra are both based in the UK, Cobham is owned by a US private equity firm Advent International, which has faced criticism for divesting several Cobham businesses.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/cobham-clears-hurdle-in-bid-for-ultra-electronics/

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded...

Cobham clears hurdle in bid for Ultra Electronics

by Marc Selinger

Ultra Electronics displayed its Orion X510 radio at the US Navy League's Sea-Air-Space Exposition in April 2022. The radio enables deployed forces to share data. (Janes/Marc Selinger)

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded to accept” the legally binding commitments that Cobham Group has offered to make, to address national security concerns about its proposed acquisition of Ultra Electronics, the UK government announced on 23 June.

Kwarteng will not make a final decision on Cobham's commitments, or “undertakings”, until a public comment period ends on 3 July, the government said. Although Cobham and Ultra are both based in the UK, Cobham is owned by a US private equity firm Advent International, which has faced criticism for divesting several Cobham businesses.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/cobham-clears-hurdle-in-bid-for-ultra-electronics/

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded...

Cobham clears hurdle in bid for Ultra Electronics

by Marc Selinger

Ultra Electronics displayed its Orion X510 radio at the US Navy League's Sea-Air-Space Exposition in April 2022. The radio enables deployed forces to share data. (Janes/Marc Selinger)

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded to accept” the legally binding commitments that Cobham Group has offered to make, to address national security concerns about its proposed acquisition of Ultra Electronics, the UK government announced on 23 June.

Kwarteng will not make a final decision on Cobham's commitments, or “undertakings”, until a public comment period ends on 3 July, the government said. Although Cobham and Ultra are both based in the UK, Cobham is owned by a US private equity firm Advent International, which has faced criticism for divesting several Cobham businesses.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/cobham-clears-hurdle-in-bid-for-ultra-electronics/

UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) Kwasi Kwarteng is “minded...

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