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Bidder for aerospace firm Meggitt should be pressed to beef up its commitments | Nils Pratley

TheGuardian

Parker Hannifin could potentially be a decent owner but its commitments are too easy to wriggle out of The only simple element in US group Parker Hannifin’s £6.3bn bid for Coventry-based defence and aerospace business Meggitt is the takeover premium: an offer at 71% more than last week’s share price counts as fat by any measure.

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Brexit Uncertainty Forces UK Cos To Stockpile Goods

PYMNTS

A March survey of almost 300 businesses found two-thirds are making contingency plans for a no-deal exit, up from less than half in January. A no-deal Brexit could lead to border chaos, additional cargo inspections and high tariffs between Britain and the EU. With that in mind, companies are trying to prepare for the worst. and Europe.

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