Signature Aviation Shareholder NNS Plans To Vote In Favour Of Takeover Mon, 22nd Feb 2021 09:32 (Alliance News) - Signature Aviation PLC on Monday said NNS UK Investment Sarl-SPF has entered into an irrevocable undertaking to vote in favour of the recommended takeover offer by newly formed acquisition vehicle Brown Bidco Ltd. The takeover vehicle consists of US-based private equity firm Blackstone and former suitor Global Infrastructure Partners, as well as Cascade Investment LLC, a fund that manages Bill Gates's investments. The offer values Signature at USD4.73 billion, about GBP3.46 billion. Signature, an aviation services company headquartered in London, said NNS has agreed to vote in favour of Brown Bidco's offer in respected of its 61.5 million shares - an approximately 7.4% stake in Signature's share capital and 9.2% of shares eligible to vote on the scheme at the upcoming March 18 court meeting.