Update on the proposed acquisition of Ultra Electronics Holdings plc by Cobham Ultra Acquisitions Limited* The acquisition of Ultra by Cobham has been cleared to proceed. Following advice from the Ministry of Defence and after careful consideration of responses to a consultation, the Business Secretary has today (Wednesday 6 July) cleared the acquisition of Ultra by Cobham to proceed. The announcement follows the Business Secretary consulting on steps to address the national security concerns raised by the proposed acquisition of Ultra, a UK defence company, by Cobham, a
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