Meggitt Expects Parker Merger To Proceed Despite UK Intervention

Credit: Parker Hannifin
LONDON–Aerospace supplier Meggitt says it still expects its acquisition by Parker Hannifin to proceed, despite an intervention by the UK government over national security concerns. Business Secretary Kwasi Kwarteng decided to refer the £6.3 billion ($8.7 billion) deal to the UK’s Competition and...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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