Meggitt surges as Woodward said to explore possible acquisition

Meggitt shares surged on Friday following a report that US-based Woodward Inc is could be looking to buy the London-listed aerospace engineer.
According to Dealreporter, Woodward is working with an investment bank as it considers potential deals and Meggitt is in the frame.

At 0810 BST, the shares were up 13.1% at 520.20p.

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