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Advent International's Cobham weighs Mercury Systems takeover, reports Bloomberg

You don't very often see senior executives in private equity firms and stuffy corporates talk on the record much about carrying out potential deals with rivals before the transaction is announced very often.

So, it was refreshing to read a Bloomberg story quoting Shonnel Malani, the managing partner of Advent International and chairman of Cobham, saying the defence company is considering making an offer for US-listed rival Mercury Systems after it announced a strategic review...