Meantime Plessey gets a useful UKP45m from GEC under the outline agree-ment to compensate it for the fact that it will contributing more of the new telecommunications company’s profits than GEC: added to the UKP273m cash the company already has in its coffers, that will give Plessey just over $500m for what is becoming a […]
Meantime Plessey gets a useful UKP45m from GEC under the outline agree-ment to compensate it for the fact that it will contributing more of the new telecommunications company’s profits than GEC: added to the UKP273m cash the company already has in its coffers, that will give Plessey just over $500m for what is becoming a pressing US acquisition.