Cobham launches £512m recap despite FCA probe

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Cobham launches £512m recap despite FCA probe

Cobham Lockheed Martin jet from PA 230x150
Chris Radburn

Cobham, the UK defence company, announced the pricing for its £512m rights issue on Tuesday, a day after declaring that it was being investigated by the Financial Conduct Authority for its handling of inside information around its last rights issue, in April 2016.

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