Ultra Electronics completes divestment of ID cards business

24th Aug 2016 08:39

(ShareCast News) - Ultra Electronics Holdings said on Wednesday it has completed the divestment of its ID cards business to LDC for £22m.The group, which provides services to defence, security, transport and energy industries, said it has received US regulatory approval.Ultra Electronics ID will operate as Magicard Ltd. following the divestment.

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