NEWS Racal, the troubled electronics group, has announced the long-awaited sale of its Data Communications division. The subsidiary, which in its last financial year made a loss of £53m on turnover of £185m, is being sold to California based investment group Platinum Equity Holdings for £29.9m. The sale is part of a plan to revive Racal's ailing profit performance.
In brief: Racal sells Data Communication division
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