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UK is poised to clear the way for Parker's $7.7 billion Meggitt acquisition

The U.K. Secretary of State for Business, Energy and Industrial Strategy announced late Tuesday, June 28, that the government was 'minded' to accept measures to address competition and national security concerns around Mayfield Heights-based Parker-Hannifin Corp.'s deal to buy United Kingdom aerospace and defense supplier Meggitt PLC. ....

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