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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Meggitt Plc (CE) | USOTC:MEGGF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 8.87 | 0.00 | 01:00:00 |
From Jun 2019 to Jun 2024
LONDON--Meggitt PLC (MGGT.LN) said Tuesday it has bought Precision Engine Controls Corporation from United Technologies Corporation (UTX) for $44.2 million in cash, funded from existing resources.
Precision Engine Controls is a supplier of actuation systems and fuel metering valves to manufacturers of small-frame gas turbines used predominantly in the oil and gas and power generation industries.
The international engineering group specializing in aerospace, defense and energy markets expects the deal to be immediately accretive to underlying earnings per share.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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