Mergers & Acquisitions Mergers & Acquisitions

Parker Hannifin amends Meggitt deal in bid for EU approval

By Natalie McNelis
  • 21 Mar 2022 10:55
  • 21 Mar 2022 11:01
Parker Hannifin has offered to amend its buyout of British defense and aerospace rival Meggitt, in a bid to win EU clearance for the 6.3 billion-pound ($8.6 billion) deal. The European Commission responded by extending its deadline to decide on the acquisition to April 11.

Parker Hannifin submitted the proposal on Friday, according to

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