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UPDATE 1-Meggitt maintains 2016 growth forecast, M&A hopes send shares surging

2016-02-23 17:28:06| Paper - Topix.net

Feb 23 British engineering company Meggitt maintained its forecast for modest revenue growth this year, underpinning its stock price which soared on takeover speculation on Tuesday. Shares in the company, which issued a surprise profit warning in October and dropped out of Britain's blue-chip FTSE 100 share index in December, had jumped 11.3 percent by 1355.

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