20/12/2014 17:09:47 Cookie Policy Free Membership Login

Disposal

Date : 02/05/2012 @ 13:36
Source : UK Regulatory (RNS & others)
Stock : Bae Sys. (BA.)
Quote : 462.7  0.7 (0.15%) @ 16:35

Disposal

TIDMBA.

RNS Number : 5916C

BAE SYSTEMS PLC

02 May 2012

BAE Systems agrees sale of Safariland business

2 May 2012

BAE Systems has entered into an agreement for the sale of its Safariland, LLC business to a newly formed acquisition vehicle affiliated with Kanders & Company, Inc. for cash consideration of approximately $114 million. The Safariland business is headquartered in Ontario, California, and operates across five sites in the US and Mexico and had 2011 sales of $206.2 million. The business employs approximately 1,700 people who design and manufacture innovative, high-quality protective products for law enforcement and security customers worldwide.

The sale of the Safariland business is conditional, among other things, upon certain regulatory approvals, and is expected to close in the second or third quarter of 2012.

Issued by:

BAE Systems plc

London

This information is provided by RNS

The company news service from the London Stock Exchange

END

DISSSLFEEFESEDI

BAE Systems (LSE:BA.)
Historical Stock Chart

1 Year : From Dec 2013 to Dec 2014

Click Here for more BAE Systems Charts.

BAE Systems (LSE:BA.)
Intraday Stock Chart

Today : Saturday 20 December 2014

Click Here for more BAE Systems Charts.


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 gb 141220 17:09