Defence firm Cobham to buy UK rival Ultra in $3.6 billion deal - NewsBreak

(Reuters) -Defence firm Cobham said on Monday it has agreed to buy Ultra Electronics in a deal valuing its UK-listed rival at 2.57 billion pounds ($3.56 billion) and set out commitments to allay any potential concerns over national security. Shareholders in Ultra, which counts the British and U.S. governments as...