(Reuters) - The British government said it was intervening on grounds of national security in private equity firm Better Capital PCC Ltd's <BCAP.L> deal to sell aircraft parts maker Northern Aerospace to Chinese-owned Gardner Aerospace Holdings Ltd.
Better Capital said earlier in June that it had agreed to sell Northern Aerospace Ltd to Shaanxi Ligeance Mineral Resources Co Ltd's <000697.SZ> unit Gardner Aerospace in a 44 million pound deal.
"On Sunday 17 June 2018, the Secretary of State issued a public interest intervention notice, confirming that he is intervening in the sale on national security grounds", Britain's Department for Business, Energy & Industrial Strategy said in a statement on Monday. http://bit.ly/2HZRvPA
The Competition and Markets Authority has until July 13 to submit a report on the competition and national security aspects of the proposed deal, the statement said.
(Reporting by Ismail Shakil in Bengaluru. Editing by Jane Merriman)
