Racal Electronics sells US data communications site

Racal Electronics sells US data communications site
Richard Wilson
Racal Electronics is selling its data communications site in Florida, US for $34m. The sale is the next step in Racal’s plan to withdraw from the data communications business. That business has been up for sale since before Christmas 1997
The eventual sale of the data communications business will continue a restructing of the electronics group that began last June with a profits warning and the announcement of up to 1,000 redundancies across the group.


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