Meggitt H1 profits rise as civil aerospace recovery continues
4th Aug 2022 08:07
(Sharecast News) - Meggitt posted a jump in first-half profit and revenue on Thursday as it said the recovery in civil aerospace continues.
Read moreUK govt 'minded' to approve Meggitt takeover
29th Jun 2022 11:45
(Sharecast News) - The UK government has indicated it is likely to accept the £6.3bn takeover of the domestic defence company Meggitt by American industrial outfit Parker Hannifin.
Read moreMeggitt revenues boosted by 'positive trajectory' in civil aerospace unit
21st Apr 2022 07:20
(Sharecast News) - Aerospace company Meggitt posted a 5% year-on-year jump in Q1 group revenues on Thursday, reflecting a positive trajectory in civil aerospace, as well as growth in energy.
Read moreThursday preview: Ukraine conflict, Meggitt in the spotlight
20th Apr 2022 16:33
(Sharecast News) - All eyes on Thursday will be on attempts to try and at least work out a ceasefire deal in the Ukraine conflict over the Orthodox Easter holiday, as well on restarting talks between Russia and Ukraine.
Read moreMeggitt disposes of piezoelectric ceramic components unit
13th Apr 2022 07:08
(Sharecast News) - Aerospace firm Meggitt has disposed of its piezoelectric ceramic components manufacturing unit to CTS Ceramics Denmark A/S for £59.0m in cash, subject to net debt and working capital adjustments.
Read moreDirector dealings: Tyman non-exec invests £0.5m, Meggitt directors exercise options
10th Mar 2022 16:22
(Sharecast News) - Tyman was at the top of the list of buyers on Thursday, after it reported a non-executive director purchase worth more than £0.16m.
Read moreMeggitt predicts takeover will complete as probe report looms
3rd Mar 2022 08:49
(Sharecast News) - Meggitt said it expected its takeover by a US rival to complete despite a competition investigation as improving market conditions helped the engineer return to an annual profit.
Read moreDirector dealings: Lloyds chair buys 0.5m shares, Meggitt directors cover tax bills with sales
1st Mar 2022 14:02
(Sharecast News) - Lloyds Banking Group was at the top of the list of director buys on Tuesday, after its chair bought half a million of its shares.
Read moreMeggitt says FY revenue to fall on supply chain issues, weaker defence mkt
28th Oct 2021 07:34
(Sharecast News) - Aerospace engineer Meggitt said annual revenues would fall by 5% due to supply chain issues and a weaker defence market.
Read moreMeggitt sees takeover completing in 2022 despite govt intervention
19th Oct 2021 07:17
(Sharecast News) - UK aerospace and engineering firm Meggitt said it still expected its £6.3bn takeover by US rival Parker-Hannifin to complete next year despite a UK government intervention on national security grounds.
Read moreMeggitt shareholders approve Parker-Hannifin offer
21st Sep 2021 16:02
(Sharecast News) - Meggitt shareholders agreed for the company to be taken over by Parker-Hannifin, it was confirmed on Tuesday, after a majority of shareholders voted in favour of the US defence giant's takeover offer.
Read moreMeggitt tumbles as TransDigm says it won't make an offer
7th Sep 2021 13:12
(Sharecast News) - Meggitt shares tumbled on Tuesday after US aerospace manufacturer TransDigm said it does not plan to make an offer for the London-listed defence and aerospace engineer following "quite limited" due diligence information, clearing the way for Parker-Hannifin.
Read moreScott Ferguson's Sachem Head builds stake in Meggitt
31st Aug 2021 09:50
(Sharecast News) - A fresh name has been added to the list of players looking to profit from the bidding war for aerospace and defence company Meggitt, with the Sachem Head hedge fund taking a stake of almost 1%.
Read moreWeir, ITV set for demotion in next FTSE reshuffle
25th Aug 2021 12:41
(Sharecast News) - Broadcaster ITV and engineering firm Weir are set for a demotion from the FTSE 100 in the next reshuffle, while takeover targets Morrisons and Meggitt are in line for a promotion.
Read moreMeggitt posts Parker scheme after chairman talks of 'binding committments'
16th Aug 2021 07:58
(Sharecast News) - Aerospace and defence engineer Meggitt pressed ahead with the agreed takeover from US peer Parker Hannifin on Monday, despite the prospect of a rival bid.
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