BICC gets go ahead for cable arm sale

BICC gets go ahead for cable arm sale
Alex Mayhew-Smith Shareholders at engineering group BICC have approved the sale of the company’s telecommunications cable business. The sale to Corning, which now faces regulatory approval, is part of restructuring plans, according to CEO Alan Jones who said: “The sale of the telecommunications business also moves the company onto a more solid base, both in financial and business terms.”


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