Meggitt Goes To Parker-Hannifin, So What Does TransDigm Buy?
Credit: TransDigm Group
TransDigm Group is walking away from its preliminary $11 billion offer for Meggitt, leaving the latter to be acquired by Parker-Hannifin, as agreed to in early August. For UK-based Meggitt, which specializes in avionics, fuel and engine systems, sensors and electronics, TransDigm’s turnaround means...
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