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Parker divests its Aircraft Wheel and Brake division

September 2022

Client(s) Parker Hannifin Corporation

Jones Day advised Parker-Hannifin Corporation (NYSE: PH, “Parker”), the global leader in motion and control technologies, in the divestiture of its Aircraft Wheel and Brake Division, located in Avon, Ohio, to Kaman Corporation (NYSE: KAMN) for $440 million.

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