Mergers News Headlines

Cobham makes $3.55 billion bid to buy Ultra Electronics

Ultra Electronics said on Friday British aerospace manufacturing company Cobham Limited has offered to buy the engineering group in a deal valued at about 2.58 billion pounds ($3.55 billion). ($1 = 0.7271 pounds) (Reporting by Yadarisa Shabong in Bengaluru; Editing by Arun Koyyur)

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