Here’s the key business news from London-listed companies this morning: Ultra Electronics Holdings Plc : The defense-industry supplier reported adjusted pretax profit for the year that beat the average analyst estimate and said it no longer expects its takeover by Cobham Ltd. to complete in the first quarter. Bloomberg reported Tuesday that the U.K. government was moving closer to approving the takeover of Ultra by Cobham Petrofac Ltd : The oil-service provider reported full-year adjusted net profit that missed analysts’ expectations and said it expects to reinstate a dividend policy in “due course, once the company’s performance has improved.” Petrofac also said it had minimal current exposure to Russia, which represented 0.6% of Group backlog at Dec. 31 Henry Boot Plc : The property developer said building costs are “stubbornly high,” but sales inflation is helping the company to manage its margins. Outside The City U.K. inflation hit another […]