Cobham’s US buyer vows to keep UK jobs and investment

Advent International also commits to British HQ, which employs about 1,700 staff

The new US owner of the UK defence company Cobham has pledged to keep jobs and investment in Britain as the government faces increasing criticism for allowing the £4bn takeover to go ahead.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Guardian /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Defence giant Cobham's new US owners lay out legally binding promises to stay in UKPrivate equity firm Advent pledges to keep Cobham's headquarters in Britain
Read more »

Lame opening for Cats at US and UK box officeDespite 'improved visual effects', the film takes just £8.4m in North America and the UK.
Read more »

Boeing Starliner spacecraft lands in US desert after botched missionIt marks first time US orbital space capsule designed for humans has landed on land
Read more »

US police department finds toy thiefFranklin Police Department were collecting toys for a local charity but some kept disappearing.
Read more »

Why did this US governor pardon child rapists and brutal killers?Matt Bevin has horrified opponents and allies alike with a slew of ‘extreme pardons’ that also disproportionately benefited white offenders
Read more »