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BAE Systems to buy US firm Ball Aerospace in $5.6 billion deal

One of the biggest UK mergers of the year was unveiled today as Britain’s top defence contractor BAE Systems said it had reached an agreement to buy US firm Ball Aerospace in a $5.6 billion (£4.4 billion) deal. BAE said it had reached an agreement to buy the Colorado-based business as part of a push to expand its capabilities in spacecraft and missile development amid a period of heightened defence spending by national governments. The firm said the acquisition would be funded by a...
United States City Of United Kingdom Charles Woodburn Danielw Fisher Ball Aerospace
Source: yahoo.com

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