Core Viewpoint - Parker Hannifin (PH.US) is in negotiations to acquire Filtration Group from Madison Industries, with a potential deal valuation close to $9 billion, including debt [1] Group 1: Company Overview - Parker Hannifin is a leading provider of motion and control solutions, operating in hydraulic, pneumatic, and mechatronics sectors, with over 300 manufacturing facilities in 45 countries [1] - Filtration Group is a global leader in precision filtration solutions, focusing on healthcare, industrial production, and clean air, with over 100 operational sites in 28 countries [1] Group 2: Transaction Details - The acquisition announcement could occur as early as this week, although the deal is not yet finalized and may face delays or competition from other bidders [1]