Woodward and Hexcel announce mutual terminate mergerChristian Fernsby ▼ | April 7, 2020
Woodward and Hexcel Corporation announced that the companies have mutually agreed to terminate their merger agreement, previously announced on January 12, 2020, under which the parties had agreed to combine in an all-stock merger of equals.
Topics: Woodward Hexcel
The pandemic has resulted in a need for each company to focus on its respective businesses and has impacted the companies’ ability to realize the benefits of the merger during these unprecedented times. ■