Advent takeover deal for Cobham backed by most shareholders -FT

(Reuters) – U.S. private equity firm Advent International is set to clinch its 4 billion pound ($4.99 billion) takeover of defense and aerospace group Cobham Plc (COB.L) after Advent received support from more than 75% of shareholders, the Financial Times reported on Friday. The tally is based on the number of proxy votes already cast ahead of a crucial shareholder vote on Monday, the FT reported, citing people familiar with the situation. Cobham and Advent did not immediately respond to requests for comment on the report.

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