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BRIEF-Cobham places shares to fund Aeroflex acquisition
May 20, 2014 / 6:11 AM / 3 years ago

BRIEF-Cobham places shares to fund Aeroflex acquisition

LONDON, May 20 (Reuters) - Cobham Plc

* Proposed placing

* Placing of around 65 million ordinary shares, representing approximately 6% of current issued share capital

* To raise additional equity capital through a placing ( “placing”) of around 65 million ordinary shares of 2.5 pence each

* Merrill lynch international and ubs limited have been appointed as joint bookrunners in respect of placing

* Net proceeds of placing are intended to be used to help to fund acquisition of aeroflex holding Source text for Eikon: Further company coverage:

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