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Advent takeover deal for Cobham backed by most shareholders -FT

Fri, 13th Sep 2019 19:46

Sept 13 (Reuters) - U.S. private equity firm Advent
International is set to clinch its 4 billion pound ($4.99
billion) takeover of defence and aerospace group Cobham Plc
after Advent received support from more than 75% of
shareholders, the Financial Times reported on Friday.

The tally is based on the number of proxy votes already cast
ahead of a crucial shareholder vote on Monday, the FT reported https://on.ft.com/31kBOgj,
citing people familiar with the situation.

Cobham and Advent did not immediately respond to requests
for comment on the report.
($1 = 0.8019 pounds)
(Reporting by Aakriti Bhalla in Bengaluru, Editing by Rosalba
O'Brien)

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