Cobham: Sales

(asked on 9th September 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the compatibility of the sale of over half of the value of Cobham by the US private equity firm, Advent, and the agreement between the Government and Advent.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 14th September 2021

The Government has worked with Advent to monitor compliance with the undertakings given at the time of their acquisition of Cobham, including commitments to give advanced notice of plans to sell parts of the business.

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