We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Transdigm Group Inc | LSE:0REK | London | Ordinary Share | TRANSDIGM GROUP ORD SHS |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 332.70 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Aircraft Parts, Aux Eq, Nec | 6.59B | 1.3B | 23.5217 | 51.59 | 66.96B |
TIDMMGGT TIDMTTM TIDM0REK
RNS Number : 7323I
Takeover Panel
16 August 2021
2021/17
MEGGITT PLC ("MEGGITT")
PARKER-HANNIFIN CORPORATION ("PARKER")
TRANSDIGM GROUP INCORPORATED ("TRANSDIGM")
On 2 August 2021, the boards of Parker and Meggitt announced that they had reached agreement on the terms of a recommended firm offer for Meggitt (the "Parker Offer"), to be implemented by means of a scheme of arrangement.
On 11 August 2021, Meggitt announced that it had received a preliminary, non-binding proposal from TransDigm with respect to a possible cash offer for the entire issued and to be issued share capital of Meggitt.
On 16 August 2021, Meggitt announced the publication of the scheme circular in relation to the Parker Offer. That circular included notice of the shareholder meetings to approve the Parker Offer, which are scheduled to be held on 21 September 2021.
Pursuant to Rule 2.6(d) and Section 4 of Appendix 7 of the Takeover Code (the "Code"), the Executive has ruled that, unless the Executive consents otherwise, TransDigm must, by 5.00 pm on 14 September 2021, either announce a firm intention to make an offer for Meggitt under Rule 2.7 of the Code or announce that it does not intend to make an offer for Meggitt. This deadline will cease to apply if, before that time, a third party other than TransDigm has announced a firm intention to make an offer for Meggitt under Rule 2.7 of the Code.
Each of Meggitt, Parker and TransDigm has accepted this ruling.
16 August 2021
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
POTGRGDILBBDGBL
(END) Dow Jones Newswires
August 16, 2021 03:18 ET (07:18 GMT)
1 Year Transdigm Chart |
1 Month Transdigm Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions