Cobham bought by Advent International (2019)
US private equity firm Advent International agreed a £4 billion takeover of British defense and aerospace supplier Cobham. The deal drew a UK government national-security review and opposition from the founding family.
The government cleared the deal after Advent gave legally binding undertakings on UK jobs and security.
It set a template for how sensitive UK takeovers clear regulatory review, later codified in the National Security and Investment Act.
Intertek's testing work spans regulated sectors, so its sale may face the same foreign-investment scrutiny Cobham did.
