PARKER received EU approval for its proposed acquisition of MEGGITT, based on Parker's commitment (on other things) to divest its entire aircraft wheels and brakes division to eliminate competition concerns within the industry.
PARKER is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.