L3harris Technologies Inc logo

LHX - L3harris Technologies Inc News Story

$210.76 1.8  0.8%

Last Trade - 15/04/21

Sector
Industrials
Size
Large Cap
Market Cap £31.83bn
Enterprise Value £36.01bn
Revenue £13.20bn
Position in Universe 291st / 6851

BRIEF-L3harris Technologies Signs Definitive Agreements To Sell Its Military Training And Combat Propulsion Systems Businesses For $1.45 Bln

Mon 1st March, 2021 11:05am
March 1 (Reuters) - L3harris Technologies Inc  LHX.N :
    * L3HARRIS TECHNOLOGIES SIGNS DEFINITIVE AGREEMENTS TO SELL
ITS
MILITARY TRAINING AND COMBAT PROPULSION SYSTEMS BUSINESSES FOR
$1.45 BILLION
    * L3HARRIS TECHNOLOGIES INC - CAE WILL ACQUIRE L3HARRIS'
MILITARY
TRAINING BUSINESS FOR $1.05 BILLION IN CASH
    * L3HARRIS TECHNOLOGIES INC - RENK AG WILL ACQUIRE L3HARRIS'
COMBAT PROPULSION SYSTEMS AND RELATED BUSINESSES FOR ABOUT $400
MILLION IN CASH
    * L3HARRIS TECHNOLOGIES INC - PROCEEDS FROM DIVESTITURES ARE
EXPECTED TO BE USED FOR SHARE REPURCHASES.

Source text for Eikon:  ID:nBw1fn607a 
Further company coverage:  LHX.N 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.