Live Breaking News & Updates on சிமோன் ப்ரிசே

Stay updated with breaking news from சிமோன் ப்ரிசே. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Ministers under pressure to block private equity takeover of Ultra


Ministers are under pressure to block the private equity takeover of defence group Ultra Electronics. 
Former defence secretary Lord Heseltine has slammed the £2.6billion bid from US bidder Advent International, which is acting through Cobham – another British military supplier which it bought last year in a bitterly contested deal. 
Accusing the business secretary Kwasi Kwarteng of abandoning industrial strategy , the Tory grandee called for rigorous checks to be conducted before any deal is approved. Heseltine, a successful businessman who served under Margaret Thatcher and John Major, said: I have said before that we should have a proper scrutiny process for the purpose of industrial strategy.  ....

United Kingdom , Margaret Thatcher , Simon Pryce , John Major , Kwasi Kwarteng , Tony Rice , Gerald Howarth , Royal Navy , Ultra Electronics , National Security , Advent International , Lord Heseltine , Investment Act , ஒன்றுபட்டது கிஂக்டம் , மார்கரெட் தாட்சர் , சிமோன் ப்ரிசே , ஜான் முக்கிய , டோனி அரிசி , ஜெரால்ட் ஹோவர்த் , அரச கடற்படை , அல்ட்ரா மின்னணுவியல் , தேசிய பாதுகாப்பு , ஆண்டவர் ஹெசெல்டின் , முதலீடு நாடகம் ,