Parker Hannifin has announced its offer to acquire Meggitt for £6.3bn ($8.8bn). Parker, which operates in motion and control activities for Aerospace, has proposed a 70% premium to acquire the floating shares of Meggitt.
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Huge premium for Meggitt acquisition
- Published:
06 Aug 2021 -
Author:
Romain Pierredon -
Pages:
3
Parker Hannifin has announced its offer to acquire Meggitt for £6.3bn ($8.8bn). Parker, which operates in motion and control activities for Aerospace, has proposed a 70% premium to acquire the floating shares of Meggitt.