Meggitt kicks-off 2011 cash-box funded M&A

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Meggitt kicks-off 2011 cash-box funded M&A

Bolt-on acquisitions are expected to provide a steady stream of equity raisings in 2011 as firms act seek to maintain balance sheet strength and on Tuesday UK aerospace firm Meggitt did just that. Investors welcomed the purchase and cash-box placing with names on the register snapping up most of the shares on offer.

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