Cobham investors back takeover by U.S. private equity group Advent
- Country:
- United Kingdom
British defense and aerospace group Cobham Plc said on Monday its investors had backed a 4 billion-pound ($5 billion)buyout offer from U.S. private equity firm Advent International.
At a meeting to approve the deal in London, 93% of shares registered before the event backed the deal. Advent agreed to buy Cobham, known for its pioneering air-to-air refueling technology in July. ($1 = 0.8042 pounds)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Advent International
- British
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- US
- London
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