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

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Natalie McNelis

Senior Correspondent

Natalie McNelis covers mergers for MLex in Brussels. Before joining MLex in 2017, she spent 20 years as an international trade and competition lawyer in law firms including Stibbe and WilmerHale. Natalie has a BA in English from Mount Holyoke College, a JD from Harvard Law School and an LLM in EU law from KU Leuven. She is admitted to the bar in New York.

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