Business
Update on acquision of Portuguese defence business
Update on acquision of Portuguese defence business.
About this update from Cohort Plc
[{"type":"text","content":"\n \nRNS Number : 4532N Cohort PLC 29 January 2016 \n\n29th January 2016\n \nCohort plc\n(\"Cohort\" or \"the Group\")\nUpdate on acquision of Portuguese defence business \nFurther to the update set out in our half year results announcement on 14 December 2015, Cohort plc announces that the acquisition of EID remains on course and, following notification from the Portuguese competition authority that they are reviewing the transaction, we expect to receive competition approval and complete the acquisition of 57% of EID by the end of February 2016.\n \n Ends\n \n \nFor further information please contact:\n\n\n\n\nCohort plc\n\n\n0118 909 0390\n\n\n\n\nAndy Thomis, Chief Executive\n\n\n \n\n\n\n\nSimon Walther, Finance Director\n\n\n \n\n\n\n\nInvestec Bank plc\n\n\n020 7597 5970\n\n\n\n\nKeith Anderson / Daniel Adams\n\n\n \n\n\n\n\nMHP Communications Limited\n\n\n020 3128 8100\n\n\n\n\nReg Hoare / Jamie Ricketts / Ollie Hoare\n\n\n \n\n\n\n\n \nNOTES TO EDITORS\nCohort plc\nCohort is an independent technology group working primarily for defence (air, land and sea), wider government and industry clients, through four market-facing subsidiary companies:\nMASS - a specialist systems house with considerable experience in the defence market and a focus on electronic warfare operational support and secure information systems. Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;\nMCL - an expert in sourcing, design a...