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(Sharecast News) - UK aerospace and engineering firm Meggitt said it still expected its £6.3bn takeover by US rival Parker-Hannifin to complete next year despite a UK government intervention on national security grounds.
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TOP NEWS: UK government to probe Meggitt takeover by Parker-Hannifin
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(Adds business minister and Parker-Hannifin comment)LONDON, Oct 18 (Reuters) - Britain said on Monday it was intervening in a proposed 6.3 billion-pound ($8.65 billion) takeover by U.S. engineering and aerospace firm Parker-Hannifin of its British...
Read more(Adds background)LONDON, Oct 18 (Reuters) - Britain said on Monday it was intervening in a proposed 6.3 billion-pound ($8.65 billion) takeover by U.S. engineering and aerospace firm Parker-Hannifin of its British rival Meggitt, citing national se...
Read moreLONDON, Oct 18 (Reuters) - Britain issued an intervention notice on a proposed deal between Meggitt and Parker-Hannifin on Monday, citing national security grounds."On 18 October 2021, acting on official advice, the Secretary of State issued a p...
Read moreTRADING UPDATES: Meggitt shareholders approve Parker-Hannifin takeover
Read more(Sharecast News) - Meggitt shareholders agreed for the company to be taken over by Parker-Hannifin, it was confirmed on Tuesday, after a majority of shareholders voted in favour of the US defence giant's takeover offer.
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Read moreTOP NEWS: TransDigm puts brakes on Meggitt tilt, clearing Parker path
Read more(Adds Meggitt statement)By Yadarisa ShabongSept 7 (Reuters) - Aerospace parts maker TransDigm bowed out of an $8.7 billion takeover battle with fellow U.S. bidder Parker-Hannifin for Britain's Meggitt on Tuesday, wiping as much as 14% off British ...
Read more(Updates shares, adds detail and background)By Yadarisa ShabongSept 7 (Reuters) - Aerospace parts maker TransDigm bowed out of an $8.7 billion takeover battle with fellow U.S. bidder Parker-Hannifin for Britain's Meggitt on Tuesday, wiping as much...
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