Parker-Hannifin completes £6.3B acquisition of Meggitt; borrows $2B term loan

Parker-Hannifin Corp

Acquisition of Meggitt plc closed on Sep 12, 2022 at 800 pence per share, aggregate ~£6.3 billion.
Deal implemented via court-sanctioned scheme of arrangement under UK Companies Act.
Borrowed $2.0 billion under a delayed-draw term loan facility to fund part of purchase price and fees.
Acquisition was previously disclosed in Aug 2021; this filing confirms completion and funding.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.