Aerospace and defence group Cobham has acquired mobile communication firm Thrane & Thrane in a £275m deal.
Cobham, through its subsidiary Lockman Electronic Holdings, submitted a voluntary public offer for the acquisition of all shares in Thrane & Thrane after identifying the Danish firm as an ideal partner. After having an offer rejected in March, Cobham has picked up shares in Thrane and Thrane before coming back to the table with an…
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