# TransDigm bids £7.1B for UK aerospace manufacturer Meggitt

TransDigm made a second takeover offer for Meggitt, valuing the FTSE 250 aerospace manufacturer at £7.1 billion, topping a previous offer from Parker Hannifin.

- Type: Acquisition
- Announced: 2021-08-11
- Where: United Kingdom
- Value: $9.80B (7.10B GBP)
- Status: announced
- Products: aerospace parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Meggitt](https://endata.com/companies/1177.md) (target)
- [Transdigm](https://endata.com/companies/4650.md) (acquirer)

## Sources

- [theguardian.com](https://www.theguardian.com/business/2021/aug/11/second-us-suitor-bids-for-uk-aerospace-manufacturer-meggitt), 2021-08-11: "The defence and aerospace company Meggitt has received a second takeover offer from a rival in the US that values the FTSE 250 manufacturer at £7.1bn"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.