Mergers and acquisitions are showing signs of heating up on both sides of the Atlantic Ocean. Several significant pending transactions were announced in January. They included Meggitt plc’s proposed $685 million acquisition of Pacific Scientific Aerospace, and Alcoa Inc.’s proposed $240 million deal for TransDigm Group Inc.’s fastener business. Whether such activity this year could top the level for 2010 remains to be seen. However, a recent study by Deloitte LLP boldly predicts 2011 ...


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