Meggitt agrees to $8.76 billion takeover by Parker-Hannifin
By Ian Walker Meggitt PLC said Monday that it has agreed to a 6.3 billion pounds takeover by Parker Hannifin Corp.
Under the deal, accepting shareholders of the U.K. engineering company--which specializes in the aerospace, defense and energy markets--will get 800 pence in cash for each share held, a 71% premium to its closing price of 469.10 pence Friday. Parker Hannifin said that it will offer a number of legally binding commitments to the U.K. government, including ensuring that Meggitt will continue to meets its contractual obligations, maintaining its U.K. headquarters and ensuring that most of Meggitt's board will be U.K. nationals.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Zoom settles US class action privacy lawsuit for $86mThe video conferencing firm denies wrongdoing, but has agreed to boost security measures.
Leer más »
'Sex and the City' Revival: What We Know About 'And Just Like That'Sarah Jessica Parker announced that an official 'Sex and the City' revival is coming soon to HBO Max — everything we know
Leer más »
Non-Rich People Are Sharing Things Rich People Do That Are Annoying And I Agree x100'Don't buy that latte!'
Leer más »
Square Agrees to Acquire Afterpay for $29 Billion in All-Stock DealSquare agreed to an all-stock deal worth around $29 billion to acquire installment-payment company Afterpay
Leer más »
Jack Dorsey's Square to buy Afterpay for $29 billion in stockBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Jack Dorsey's Square agreed to buy Afterpay, which has a 'buy now, pay later' service, for $29 billion in stockSquare, which is owned by Twitter CEO Jack Dorsey, said Afterpay's buy now, pay later service would be added to its Seller and Cash app products.
Leer más »