Cobham Planning Further Disposals After Biggest-Ever Purchase

Cobham Plc is continuing to slim down its range of businesses after completing two disposals last week as the U.K. manufacturer of aerospace and defense technology works to integrate its biggest-ever takeover deal.

Two units acquired with the $1.46 billion purchase of Aeroflex Holding Corp. last year were offloaded for $80 million earlier this month and Wimborne, England-based Cobham is assessing which other operations it should exit, said Robert Mullins, who has responsibility for mergers and acquisitions.