The expectation now is that when Racal pere et fils – Racal Electronics Plc and Racal Telecom Plc – announce year-end figures this Wednesday, the demerging of the two companies via a distribution to Electronics holders of shares in Racal Telecom will go ahead – and that the Racal Data Networks subsidiary will go with […]
The expectation now is that when Racal pere et fils – Racal Electronics Plc and Racal Telecom Plc – announce year-end figures this Wednesday, the demerging of the two companies via a distribution to Electronics holders of shares in Racal Telecom will go ahead – and that the Racal Data Networks subsidiary will go with Telecom, taking some debt off Electronics’ books and some losses off its profit and loss account; both the plan to float Racal Chubb and the management buyout of the rump of Electronics are expected to be shelved.
