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Cobham completes acquisition of US Trivec-Avant Corporation for $126 million
AURORA, IL. Oct 31, 2011. Cobham plc (‘Cobham’) has completed the acquisition of US based Trivec-Avant Corporation (‘Trivec’), which worked on satellite communication antennas, for a cash consideration of $126 million on a debt and cash free basis. An additional cash consideration of up to $18 million is payable between 2013 and 2014, contingent on future performance.