Parker-Hannifin

Meggitt shareholders approve acquisition by Parker-Hannifin

Shareholders of UK aerospace systems supplier Meggitt have given their approval to the cash acquisition of the company by US-based competitor Parker-Hannifin in a £6.3bn deal

Parker-Hannifin agrees Meggitt acquisition

Another UK defence company could be snapped up by a US-headquartered competitor following Parker-Hannifin’s announcement of the agreed acquisition of aerospace systems manufacturer Meggitt