Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Parker Hannifin buys Circor Aerospace business for $2.6 billion, shares fall amid deal news

Company Fundamentals
21 May 2026
Barrons
View Source
Bearish
pluang ai news

Parker Hannifin is acquiring Circor International's aerospace business for $2.6 billion. The deal is part of Circor, which is owned by private equity firm KKR. Following the announcement, shares of both Parker Hannifin and KKR declined. This acquisition expands Parker Hannifin's footprint in the aerospace sector, potentially enhancing its market position and product offerings.

More News (KKR)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App