UK’s Cohort acquires Portuguese communications house EID




Portuguese Pandur II armoured vehicles are equipped with tactical communications of EID (Victor M.S. Barreira) The British group Cohort recently announced it has agreed to acquire the Portuguese military communications specialist EID (Empresa de Investigaèäo e Desenvolvimento de Electrônica). Consideration for the acquisition will be satisfied by a payment of €19 million ($21 million) for 99.98% of the share capital of EID to existing shareholders of Portuguese defence industries h...
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