secwatch.observer — SEC 8-K summary
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Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2022-09-14T23:59:59+00:00
Accession:  0001193125-22-244768
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000119312522244768/0001193125-22-244768-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000119312522244768/d241657d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-244768

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer