MGGT.L Share News (MGGT)

Britain launches public consultations on Meggitt-Parker deal

June 28 (Reuters) - Britain on Tuesday launched two separate public consultations on the proposed acquisition of aerospace company Meggitt by U.S.-based Parker-Hannifin to address national security and competition concerns.

UK shareholder meetings calendar - next 7 days

Reino Unido pierde recurso judicial contra orden de la UE de recuperar millones en ayudas públicas

Por Foo Yun Chee

UK loses court challenge against EU order to recover millions in state aid

BRUSSELS, June 8 (Reuters) - Britain on Wednesday lost its court challenge against an EU order to recover millions of euros from the London Stock Exchange, ITV and other multinationals that benefited from an illegal exemption in a UK tax scheme.

Parker-Hannifin sells Wheel business as part of Meggitt takeover

(Alliance News) - Parker-Hannifin Corp on Monday announced it is selling its US Aircraft Wheel & Brake Division to fulfil a takeover condition set by the EU to buy UK aerospace components maker Meggitt PLC.

TOP NEWS: Meggitt says civil aerospace market recovery "uneven"

(Alliance News) - Meggitt PLC on Thursday said its first quarter revenue climbed, though it remains below pre-pandemic levels amid a bumpy recovery in the civil aerospace market.

Meggitt revenues boosted by 'positive trajectory' in civil aerospace unit

(Sharecast News) - Aerospace company Meggitt posted a 5% year-on-year jump in Q1 group revenues on Thursday, reflecting a positive trajectory in civil aerospace, as well as growth in energy.

Thursday preview: Ukraine conflict, Meggitt in the spotlight

(Sharecast News) - All eyes on Thursday will be on attempts to try and at least work out a ceasefire deal in the Ukraine conflict over the Orthodox Easter holiday, as well on restarting talks between Russia and Ukraine.

IN BRIEF: Meggitt sells unit to CTS Ceramics Denmark for GBP59 million

Meggitt PLC - Coventry, England-based aerospace components maker - Sells Meggitt AS, a manufacturer of high performance piezoelectric ceramic components for medical and industrial applications, to CTS Ceramics Denmark AS for GBP59 million. "The disposal is consistent with Meggitt's strategy of developing sustainable and differentiated technologies for its core end markets in aerospace, defence and energy and follows a number of disposals over the last four years," it says.

Meggitt disposes of piezoelectric ceramic components unit

(Sharecast News) - Aerospace firm Meggitt has disposed of its piezoelectric ceramic components manufacturing unit to CTS Ceramics Denmark A/S for £59.0m in cash, subject to net debt and working capital adjustments.

Meggitt takeover by Parker-Hannifin receives conditional EU approval

(Alliance News) Parker-Hannifin Corp announced on Monday its proposed GBP6.3 billion takeover of Meggitt PLC has been cleared by European regulatory authorities.

Parker offers remedies in bid for EU clearance of $8.3bln Meggitt deal

BRUSSELS, March 21 (Reuters) - U.S. engineering and aerospace company Parker-Hannifin has offered remedies to try to secure EU antitrust approval for its 6.3 billion pound ($8.3 billion) bid for British rival Meggitt, a European Commission filing showed on Monday.

Director dealings: Tyman non-exec invests £0.5m, Meggitt directors exercise options

(Sharecast News) - Tyman was at the top of the list of buyers on Thursday, after it reported a non-executive director purchase worth more than £0.16m.

TOP NEWS: Meggitt returns to annual profit but dividends still on hold

(Alliance News) - Meggitt PLC on Thursday saw a rebound in 2021 with a swing to profit helped by reduced costs, while dividends were still on hold due to its takeover by Parker-Hannifin Corp.

Meggitt predicts takeover will complete as probe report looms

(Sharecast News) - Meggitt said it expected its takeover by a US rival to complete despite a competition investigation as improving market conditions helped the engineer return to an annual profit.