U.K. government interventions in takeovers are rare. However, there were two significant ones in 2019.
In October that year, then business secretary Andrea Leadsom instructed the Competition and Markets Authority to investigate whether the £4 billion sale of U.K. aerospace and defense supplier Cobham to U.S. private equity group Advent posed a national security threat.
Read more: U.K. set to approve £4 billion U.S. takeover of defense company Cobham
Leadsom waved through the deal, after Advent agreed to strengthen security arrangements around sensitive sites and inform the Ministry of Defence if it planned to sell all or part of Cobham.
However, Cobham announced a number of job cuts just days after Advent delisted the company from the London Stock Exchange.
Three months earlier, the
Nicolle Santos looked up at a Times Square billboard and couldn’t contain her joy as a familiar face smiled back at her.
Sure enough, it was Nicolle’s own smile among the sea of flashing lights in the iconic section of Midtown Manhattan. A photo of Nicolle looking at herself on the billboard showed her unmistakable elation and warmed the hearts of those whose lives she brightens on a daily basis.
“She is my inspiration,” said her mother, Mell Santos, of Kearny. “She was super happy and excited.”
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Nicolle was one of 500 people with Down syndrome to be featured on the billboard, according to the National Down Syndrome Society, who coordinates the annual
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