Aug 02, 2021 / 12:30PM GMT
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Parker-Hannifin announces offer to acquire Meggitt PLC. (Operator Instructions) I would now like to turn the call over to your host, Todd Leombruno, Chief Financial Officer. You may begin.
Todd M. Leombruno - Parker-Hannifin Corporation - Executive VP & CFO
Thank you, Kevin. Good morning, everyone, and thanks for joining this webcast in which Parker is announcing a recommended offer all-cash acquisition of Meggitt PLC.
As Kevin said, this is Todd Leombruno, Chief Financial Officer. Here with me today is Chairman and Chief Executive Officer, Tom Williams; and President and Chief Operating Officer, Lee Banks.
If I could direct you to Slide 2, our usual practice of announcing an acquisition is a little bit different today. So I want to discuss this first. As Meggitt is a Public Listed Company on the London Stock Exchange, this acquisition falls under the rules of the U.K. Takeover Code.
Under the U.K. Takeover Code, once the acquirer has a firm intention to make an
Parker-Hannifin Corporation All Cash Acquisition of Meggitt PLC Call Transcript
Jan 23, 2024
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