September 16, 2019 / 9:47 AM / 2 months ago

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)

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