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Ultra Electronics Holdings PLC Acquires Specialist Wireless Products And Services Company

Monday, 28 Oct 2013 12:00pm EDT 

Ultra Electronics Holdings PLC announced that it has acquired W&D Holdings Limited for an initial cash consideration of GBP6 million. Additional payments of up to GBP1 million will be made subject to earnings growth over the next year. Ultra has acquired W&D from its owner management team. The acquisition of W&D will be financed using Ultra's existing facilities. 

Company Quote

19.0 +1.05%
11:53am EDT