Do More With Reuters
Partner Services

Northrop Grumman to sell unit for $1.65 bln-source

Mon Nov 9, 2009 2:24am IST
 
Email | Print | | Single Page
[-] Text [+]

NEW YORK, Nov 8 (Reuters) - Defense contractor Northrop Grumman (NOC.N: Quote, Profile, Research) agreed to sell its TASC consulting unit to two buyout firms, General Atlantic and Kohlberg Kravis Roberts & Co, for $1.65 billion, a person close to the deal told Reuters on Sunday.

The deal is expected to be announced later on Sunday. (Reporting by Megan Davies; Writing by Joseph Giannone; Editing by Maureen Bavdek)

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

Reuters correspondent Sourav Mishra recounts the unforgettable night of Nov. 26 at Mumbai's Leopold Cafe
Back from the Dead
REUTERS WITNESS - 26/11

Reuters correspondent Sourav Mishra recounts the night of Nov. 26 at Leopold Cafe.  Full Article | Full Coverage 

One Year Later

A look back at the events of 26/11 ahead of the first anniversary of the militant attacks in Mumbai that killed 166 people.  Slideshow | Full Coverage 

Thierry Henry's handball scandal

Barcelona's Thierry Henry takes part in a training session at Nou Camp Stadium in Barcelona, November 23, 2009. Barcelona and Inter Milan will play their soccer Champions League match on Tuesday. REUTERS/Albert Gea
FIFA to hold meeting

FIFA to hold an extraordinary meeting before World Cup draw to discuss Thierry Henry's handball in the qualifiers and discovery of match-fixing ring by German police.  Full Article