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MGGT Meggitt Plc

798.80
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Meggitt Plc LSE:MGGT London Ordinary Share GB0005758098 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 798.80 799.20 799.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Meggitt Sells Precision Micro to LDC for GBP22.5 Million

24/04/2018 9:47am

Dow Jones News


Meggitt (LSE:MGGT)
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By Oliver Griffin 
 

Meggitt PLC (MGGT.LN) said on Tuesday that it has sold Precision Micro for 22.5 million pounds ($31.4 million) to LDC, the private-equity arm of Lloyds Banking Group PLC (LLOY.LN).

The engineering company said the sale was consistent with its strategy to focus on businesses of scale in attractive markets.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com

 

(END) Dow Jones Newswires

April 24, 2018 04:32 ET (08:32 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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