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(Sharecast News) - Aerospace and defence engineer Meggitt pressed ahead with the agreed takeover from US peer Parker Hannifin on Monday, despite the prospect of a rival bid.
Read more(Sharecast News) - Aerospace and defence engineer Meggitt pressed ahead with the agreed takeover from US peer Parker Hannifin on Monday, despite the prospect of a rival bid.
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LONDON MARKET PRE-OPEN: Ultra Electronics agrees to Cobham offer
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* Cobham agrees to buy Ultra in $3.6 bln deal* Shareholders to get 35 pounds per share* Cobham promises to keep jobs, UK HQ (Adds background, details)Aug 16 (Reuters) - Defence firm Cobham said on Monday it had agreed to buy Ultra Electronics in a ...
Read moreLONDON, Aug 16 (Reuters) - Britain's Meggitt said that it published the scheme document for its recommended takeover by Parker-Hannifin, as the process for that offer continues despite the possibility of a higher bid coming in from U.S. rival Tra...
Read more(Sharecast News) - Ministers must be prepared to block a takeover of Meggitt if any bidder tries to buy it without giving binding commitments on investment and jobs, the FTSE 250 aerospace and defence manufacturer's chairman warned this weekend. Sir Nigel Rudd said that while "clearly, price is important", any new owner would need to give Meggitt and the government undertakings, including to keep the company's headquarters in Coventry and maintain R&D spending. - Sunday Times
Read moreLONDON BROKER RATINGS: Berenberg cuts Stock Spirits to Hold from Buy
Read moreTransDigm confirms Meggitt takeover approach but makes no offer yet
Read moreLONDON MARKET CLOSE: FTSE 100 in 18-month high as US CPI pace steadies
Read moreTOP NEWS: Meggitt receives GBP7 billion takeover offer from TransDigm
Read more* Meggitt gets possible 900p/share offer from TransDigm* Shares hit fresh record high of 846p* Company continues to back Parker-Hannifin offer (Adds background, share moves of TransDigm and Parker)By Yadarisa Shabong and Pushkala AripakaAug 11 (Reut...
Read more* Meggitt gets possible 900p/share offer from TransDigm* Shares hit fresh record high of 846p* Company continues to back Parker-Hannifin offer (Adds shares, detail, background)Aug 11 (Reuters) - A U.S. bidding battle could be brewing for UK aerospa...
Read more* Meggitt gets possible 900p/share offer from TransDigm* Shares hit fresh record high of 846p* Company continues to back Parker-Hannifin offer (Adds shares, detail, background)Aug 11 (Reuters) - A U.S. bidding battle could be brewing for UK aerospa...
Read more(Sharecast News) - Meggitt shares surged on Wednesday after the defence and aerospace engineer said he it had received an unsolicited takeover approach from US aerospace manufacturer TransDigm at 900p per share in cash.
Read more* Avast among top FTSE 100 gainers on buyout deal* Deliveroo drops, says no material impact from re-opening* Meggitt jumps 16.1% to record high* FTSE 100 up 0.8%, FTSE 250 adds 0.8% (Updates to market close)By Shashank Nayar and Ambar WarrickAug 11 ...
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