Meggitt shares jump on M&A report | 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

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