Bae Takes Division Off the Market

The JournalJanuary 12, 2011

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Summary


A DIVISION of BAE Systems which makes cockpit displays for fighter jets and digital engine controls for commercial aircraft has been taken off the market after its owner failed to agree a sale.

BAE Systems said there had been plenty of interest in its Platform Solutions business, which it put up for sale in September amid speculation that the operation could be worth as much as pounds 1.3bn.

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Extract


Bae Takes Division Off the Market

However, BAE said no sale had been agreed and that it now ...

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