10 Aug 2012 11:56
10 August 2012
Completed Acquisition of Thrane & Thrane A/S
Cobham plc ('Cobham') notes the announcement made by the UK Office of Fair Trading (OFT) on 9 August that it has decided not to refer Cobham's completed acquisition of Thrane & Thrane A/S ('Thrane & Thrane') to the Competition Commission, under the provisions of the Enterprise Act 2002.
This announcement means that the UK OFT has concluded its investigation and the matter is now closed.
As announced on 8 August Cobham has delisted the shares of Thrane & Thrane from the NASDAQ OMX at the end of July and is making progress towards the compulsory redemption of minority shareholders with completion expected in December 2012.
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Enquiries
Cobham plc | |
Warren Tucker, Chief Financial Officer | +44 (0)1202 882020 |
Julian Wais, Director of Investor Relations | +44 (0)1202 857998 |
Brunswick | |
Michael Harrison/Will Carnwath | +44 (0)20 7404 5959 |
About Cobham
Cobham specialises in meeting the demand for data, connectivity and bandwidth in defence, security and commercial environments. Offering a technically diverse and innovative range of technologies and services, the Group protects lives and livelihoods, responding to customer needs with agility that differentiates it. The most important thing we build is trust. Employing more than 11,000 people on five continents, the Group has customers and partners in over 100 countries.