NORTH AMERICA

摘要

Barclays is committing debt financing to industrial conglomerate parker hannifin for its US$3.68bn cash purchase of privately held adhesives and coatings maker Lord. The deal, intended to bolster Parker Hannifin's aerospace and defence businesses, is expected to close within the next four to six months. The addition of Lord, which also provides materials science and vibration control technologies, will also expand Parker Hannifin's engineered materials business. Barclays is Parker's financial adviser, while Morgan Stanley is Lord's financial adviser.