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Meggitt shares jump on M&A report

Fri, 07th May 2021 08:52

LONDON, May 7 (Reuters) - Shares in British engineering
company Meggitt jumped 14% on Friday after the
Dealreporter website said that U.S. group Woodward Inc
was looking at a potential deal.

Meggitt's market capitalisation was $5 billion as of
Thursday while Woodward's stood at about $8 billion.

(Reporting by Thyagaraju Adinarayan
Writing by Keith Weir
Editing by David Goodman
)

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