ALEX BRUMMER: A private equity firm is selling Cobham's disparate parts at pace - the Government must act - News Summed Up

ALEX BRUMMER: A private equity firm is selling Cobham's disparate parts at pace - the Government must act


At a moment of geopolitical strife, Britain’s defence capabilities have never been more important. In focus: Britain’s defence capabilities have never been more important, Alex Brummer saysIt is an air journey only made possible by the flight refuelling technology developed by aviation innovator Sir Alan Cobham. It is easy for Advent to argue it has done Cobham a huge favour by selling off its disparate parts so rapidly. Reality is that Advent and other private equity firms are rarely business builders. No longer should cash, private equity greed and overseas ownership be allowed to work against the public interest.


Source: Daily Mail February 10, 2024 23:58 UTC



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