advent international cobham
After 35 years dedicated to international investing, Advent remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies. Stocks Trim Losses Amid Stimulus Talks, Bank Rally: Markets Wrap, Wells Fargo Fires More Than 100 Workers for Abusing U.S. Aid, Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay, Houston Tech Mogul Indicted for ‘Largest-Ever Tax Charge’, Robinhood Internal Probe Finds Hackers Hit Almost 2,000 Accounts. Cobham has announced a number of job cuts days after Advent international delisted the British defense company from the stock exchange in a move that could reignite the debate over foreign takeovers of some of the UK's key companies. www.cobham.com. To find out more, please visit: www.cobham.com. LONDON, January 22, 2020 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, has further demonstrated its long-term commitment to investing in the UK with the completion of its £4 billion takeover of Cobham plc. The private equity firm has invited initial offers from strategic and financial companies next week for Cobham Aerospace Connectivity, which could fetch as much as $1 billion, the people said, asking not to be identified discussing confidential information. Why do chief financial officers at private equity-backed portfolio companies fail? We bring significant resources to support the development of businesses. Cobham has announced a number of job cuts days after Advent international delisted the British defense company from the stock exchange in a move that could reignite the debate over foreign takeovers of some of the UK's key companies. Shonnel Malani, partner at Advent, said: “Advent is proud to build on our strong track record of UK investment as we take this historic company forward, on the next chapter of its development. U.S.-based Advent agreed to acquire Cobham for 4 billion pounds ($5.2 billion) in 2019 in what was one of the year’s largest takeovers of a U.K.-listed company by a buyout firm. Cobham traces its roots to the 1930s and employs more than 11,500 people globally, according to its website. Advent completes £4 billion takeover of Cobham LONDON, January 22, 2020 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, has further demonstrated its long-term commitment to investing in the UK with the completion of its £4 billion takeover of Cobham plc. Sunley House Capital manages a concentrated global portfolio focused primarily on non-control publicly traded securities and select, late-stage private investments.

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