THORN EMI SELLS 70% INTEREST IN ITS THORN EMI ELECTRONICS AUSTRALIA

Thorn EMI Plc is selling its 70% interest in its Thorn EMI Electronics Australia defence electronics interests to AWA Pty Ltd, Amalgamated Wireless Australasia, for UKP11.6m: the sale includes the company’s C3 Pty Ltd software house.

Thorn EMI Plc is selling its 70% interest in its Thorn EMI Electronics Australia defence electronics interests to AWA Pty Ltd, Amalgamated Wireless Australasia, for UKP11.6m: the sale includes the company’s C3 Pty Ltd software house.