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Parker Hannifin has committed to divest its aircraft wheels and brakes business to secure European Commission (EC) approvals for its acquisition of UK-based aerospace supplier Meggitt. The EC’s antitrust investigation found that the takeover would reduce the number of suppliers for wheels and brakes...
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Brussels Waves Through Parker-Meggitt Merger With Conditions is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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