LONDON, Nov 19 (Reuters) - The British government has said
it is minded to accept legally binding undertakings put forward
by private equity group Advent in order to secure its purchase
of defence company Cobham.
Business minister Andrea Leadsom said she would now run a
consultation until Dec. 17 on the proposals which include
ensuring that existing security arrangements will be
strengthened.
Advent will also have to give prior notice to the Ministry
of Defence if it plans to sell all or parts of Cobham's
business.
(Reporting by Kate Holton; editing by Michael Holden)