Ultra Electronics completes divestment of ID cards business
Ultra Electronics Holdings said on Wednesday it has completed the divestment of its ID cards business to LDC for £22m.
Aerospace and Defence
10,383.65
17:10 19/04/24
-0.49%
-51.11
FTSE 250
19,391.30
17:09 19/04/24
n/a
n/a
FTSE 350
4,341.08
17:09 19/04/24
n/a
n/a
FTSE All-Share
4,296.41
17:08 19/04/24
n/a
n/a
Ultra Electronics Holdings
3,500.00p
17:09 29/07/22
0.00%
0.00p
The group, which provides services to defence, security, transport and energy industries, said it has received US regulatory approval.
Ultra Electronics ID will operate as Magicard Ltd. following the divestment.