Sep 18, 2019 SOURCE: AFP
Britain launches security probe into Cobham takeover
Britain on Wednesday launched a national security probe into a £4.0-billion takeover bid for British defence group Cobham by a US private equity firm.
Advent International in July offered the equivalent of $5.0 billion or 4.5 billion euros for Cobham, aided by the beneficial impact of the Brexit-hit weak pound.
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