Cobham Takeover – Perhaps The National Interest Meant Not Selling 98.5% Of The Company, Lady Cobham?

It is indeed possible that selling off Cobham, an aerospace company, isn’t in the national interest. But if that’s so then selling off Cobham, an aerospace company, isn’t in the national interest:

The £4 billion takeover of Cobham by an American private equity firm faces further opposition after the family that founded the British aerospace and defence company called on the government to step in. Lady (Nadine) Cobham, whose late husband Sir Michael led the company, has written to Ben Wallace, the defence secretary, and Andrea Leadsom, the business secretary, to raise concerns that the takeover by Advent is not in the “national interest”.

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The Delightful Irony Of The GKN Takeover

Something that amuses about the attempted takeover of GKN. That being that the company has grown itself through a series of takeovers covering a couple of hundred years. It’s more than a little rich for them to be claiming that a company shouldn’t be taken over therefore:

As the takeover deadline looms, MPs and unions voice fears for Britain’s industrial future if the deal is allowed to go ahead

Airbus has said it won’t be able to offer GKN new work if it can no longer guarantee long-term investment in R&D.

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