Laird sells one of its Chinese units for £20m

Laird, the FTSE 250 technology company, has completed the sale of its handset antennae business, Laird Technologies (Beijing) Co., Ltd., for approximately £20m.

Laird, the FTSE 250 technology company, has completed the sale of its handset antennae business, Laird Technologies (Beijing) Co., Ltd., for approximately £20m.

The unit, which is based in China, has been sold to Shenzhen Sunway Communication, thus culminating the strategic review for the business which was announced on the past 6th of May of 2011.

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