Europe

Parker-Hannifin acquires Meggitt for £6.3 bn

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Parker-Hannifin acquires Meggitt for £6.3 bn

Parker-Hannifin has completed the acquisition of Meggitt for approximately £6.3 bn. Meggitt has diverse aerospace and defense exposure with technology and products on almost every major aircraft platform. Excited about the deal, Tom Williams, Chairman and Chief Executive Officer said: “We are exc...

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