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Parker Hannifin, Meggitt on track for phase I UK clearance

By Victoria Ibitoye ( June 29, 2022, 13:47 GMT | Insight) -- Parker Hannifin and Meggitt are on track to escape an in-depth review of their deal in the UK, after the government said it was minded to accept their concessions to allay its concerns about the deal. The companies said in a statement published to markets today that they expect to close their merger by the third quarter.Parker Hannifin and Meggitt are on track to escape an in-depth review of their deal in the UK, after the government said it is minded to accept their concessions to allay its concerns....

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