Proposed acquisition of Ultra Electronics Holdings plc by Cobham Ultra Acquisitions Limited: draft undertakings

The Secretary of State for Business, Energy and Industrial Strategy is minded to accept legally binding undertakings offered in the proposed acquisition of Ultra, a UK defence company, by Cobham, a defence, aerospace, and communications company that was acquired by US private equity firm, Advent International, in January 2020.

The draft undertakings are published for consultation in accordance with the process set out in the Enterprise Act 2002. The Secretary of State will consider any representations made before making a decision about whether to accept the undertakings.

See the related public interest intervention notice.