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

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

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.

Sir Ed Davey, acting leader of the Lib Dems, described the move as “deeply concerning”.

But the PM…

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