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| 798.8 GBX | -.--% |
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| 2022 | Transcript : Meggitt PLC, Parker-Hannifin Corporation - M&A Call | |
| 2022 | Meggitt Delists from London Bourse Following Takeover by Parker-Hannifin | MT |
(Reuters) - British defence firm Meggitt said on Tuesday it expects its takeover by U.S. rival Parker-Hannifin to be completed next year as planned after the UK government intervened citing national security reasons.
Britain said on Monday it was intervening in the proposed 6.3-billion-pound ($8.7 billion) takeover, with its business minister issuing a so-called "intervention notice" to review the impact of the takeover.
Meggitt said it continues to expect the deal to close in the third quarter of 2022.
($1 = 0.7260 pounds)
(Reporting by Sachin Ravikumar in Bengaluru; Editing by Krishna Chandra Eluri)
| 1st Jan change | Capi. | |
|---|---|---|
| -.--% | 7.35B | |
| +29.12% | 91.81B | |
| +17.41% | 67.48B | |
| +17.17% | 25.93B | |
| +10.19% | 24.1B | |
| -12.07% | 12B | |
| +12.32% | 9.51B | |
| -9.26% | 7.87B | |
| +3.62% | 3.85B | |
| -6.83% | 3.33B |
MEGGITT PLC 
