Advent is reportedly considering the sale of its Ultra Maritime business, with a potential valuation exceeding £3 billion. Bloomberg posted on X, highlighting the increasing demand for naval defense companies due to ongoing conflicts from Iran to Ukraine. This move comes as the defense sector experiences heightened interest and investment, driven by geopolitical tensions and the need for advanced maritime capabilities. The potential sale reflects the strategic positioning of defense companies in the current global landscape
source: https://www.binance.com/en/square/post/299739459100433?utm_source=BinanceNewsRSS