News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Private equity house Advent makes £4bn swoop for Cobham

Acquisition is the latest in a series of large take-private deals in the UK

Advent International has agreed to buy UK aerospace and defence supplier Cobham in a deal that values the company at £4bn, it said in an announcement.

The cash offer made by Advent is for 165p per share, which is a 34.4% premium to the closing price of Cobham’s share price of 123p on 24 July.

WSJ Logo