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Meggitt PLC - Disposal of Meggitt Training Systems

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Meggitt PLC ("Meggitt" or "the Group"), a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, today announces the sale of its US subsidiary, Meggitt Training Systems, to Pine Island Capital Partners, LLC, a US private investment firm, for a cash consideration of $146 million.

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This press release was sourced from Meggitt on 01-Jul-2020.