Month: April 2022

Reuters revealed Parker-Hannifin is set to gain EU antitrust clearance for its 6.3 billion pound bid for Britain’s Meggitt after offering to sell a U.S. factory to address competition concerns. The U.S. engineering and aerospace group submitted its offer to the European Commission last month and the EU competition watchdog then sought feedback from rivals and customers. The post […]

Reuters reported exclusively that Ascent Resources LLC, one of the largest privately held U.S. natural gas producers, is preparing an initial public offering it hopes will give it a market valuation of around $6 billion. Depending on timing, it would be the first major stock market listing of a U.S. shale operator since Russia’s invasion of Ukraine […]