Cobham takeover: Boris Johnson defends £4bn sale to US equity firm

By 2019-12-21Science & Tech
Image copyright Cobham

Boris Johnson has defended the controversial £4bn takeover of UK defence and aerospace company Cobham by a US private equity firm.

The government approved the sale of Cobham to Advent International on Friday, after the deal was delayed because of national security concerns.

Former First Sea Lord Admiral Lord West said Cobham holds defence technologies which are “critically important”.

But the PM said “a lot of checks” had been gone through to satisfy concerns.

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