Meggitt shares jump on M&A report

  • 5/7/2021
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LONDON, May 7 (Reuters) - Shares in British engineering company Meggitt jumped 14% on Friday after the Dealreporter website said that U.S. group Woodward Inc was looking at a potential deal. Meggitt’s market capitalisation was $5 billion as of Thursday while Woodward’s stood at about $8 billion. Reporting by Thyagaraju Adinarayan Writing by Keith Weir Editing by David Goodman Our Standards: The Thomson Reuters Trust Principles.

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