Meggitt plc - MGGT - Share Chat

Getting bought out for £8 a share

“The announcement follows the Business Secretary consulting on steps to address the national security and competition concerns raised by the proposed acquisition of Meggitt, a UK aerospace company, by Parker-Hannifin, a US-listed company which supplies components to the mobile, industrial and aerospace markets globally. The government consultation on the undertakings offered by the companies to address the concerns identified ran until 13 July 2022.”

Completes on the 12th Sept. :+1:t2:

:+1:

Interestingly, it appears to have disappeared from FT as of today though…

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Its was there earlier. But, the Buy button was grayed out.

Just opened my account and there’s a message about it. In short, its because of the buyout.

Yes of course, just found it interesting it has disappeared before the buyout completes is all.

Anyway, roll on next week when I will see my return. :grin:

How did you Meggitt do last month? :wink:

Mine did well. :grin: