- Meggitt (OTCPK:MEGGF) ADRs rose almost 1% on some speculation that a private equity firm may be interested in acquiring the company.
- There was speculation earlier this year that Woodward (NASDAQ:WWD) may be looking at that U.K.-based aerospace/defense outfit, though today the rumor is a PE firm, according to the U.K.'s The Times.
- Last April, Hexcel (NYSE:HXL) and Woodward mutually agreed to terminate their merger deal, citing the increasing impact of the coronavirus on the aerospace and industrial sectors at the time.
- Woodward is scheduled to release fiscal Q3 results on Monday.