Meggitt shareholders will stand to earn 800p per share, a 71% premium on last week’s close Meggitt, the British aerospace company, has agreed a takeover deal from Parker Hannifin, its American rival. It is the latest in a string of approaches for UK-listed companies from buyers based overseas. If the deal goes ahead, Meggitt shareholders […]

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Meggitt PLC (LON:MGGT) have reported an impressive set of annual results on Tuesday, however shares have remained in red. Shares in Meggitt PLC trade at 581p (-2.15%). 25/2/20 10:01BST. The annual results were impressive reading for the FTSE 100 lister, as organic revenue beat raised guidance. Across 2019, the aerospace parts firm said that revenue […]

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British aerospace engineering firm Meggitt plc (LON:MGGT) have secured a $21 million contract to supply fuel cell equipment for the UH-60 Black Hawk helicopter. The 5 year deal has been agreed with the Defense Logistics Agency in Richmond Virginia and will mean the firm will supply the new equipment for the Black Hawks until the […]

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