Cobham investors back takeover by U.S. private equity group Advent

LONDON, Sept 16 (Reuters) - British defence 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 refuelling technology in July. ($1 = 0.8042 pounds) (Reporting by Paul Sandle; editing by Kate Holton)


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.