(ShareCast News) - GKN shareholders have accepted turnaround specialist Melrose Industries' £8.1bn bid for the engineer, ending a two-and-a-half month saga that has involved intervention from the ...

March 30 (Reuters) - Shareholders of Melrose Industries Plc MRON.L voted in favour of spinning off GKN's automotive, powder metallurgy and hydrogen businesses, the British jet and auto parts supplier ...

(Reuters) - Turnaround specialist Melrose plans to meet shareholders in GKN to convince them of the benefits of its 7 billion pound ($9.61 billion) takeover offer, which had been rejected by ...

LONDON-- (BUSINESS WIRE)--Elliott Advisors (UK) Limited, which advises funds (together “Elliott”) that collectively have an economic interest in the shares of GKN plc (“GKN”) representing over 3.4% of ...

(ShareCast News) - Turnaround specialist Melrose Industries has upped its offer for engineer GKN to 467p per share, or £8.1bn, from £7.4bn.The deadline for accepting the final offer by Melrose, which ...

LONDON (Reuters) - The chief executive of U.S. firm Dana Incorporated (DAN.N) is in London meeting top GKN (GKN.L) shareholders in a drive to persuade the British engineer's investors to back a deal ...

Investment firm Melrose has succeeded in its hostile bid to take over GKN for £8.1bn after securing the backing of the engineering giant's shareholders. A total of 52.43% investor votes were cast in ...

LONDON (Reuters) - British engineering group GKN told shareholders considering a 7 billion pound ($9.65 billion) hostile offer from Melrose Industries that any deal was unlikely to secure U.S.

It has been a bitter battle that has gone down to the wire. Sign Up to be kept in the loop each and every day with our free Business newsletter. Straight to your inbox every morning. Did you know with ...

Investor company Melrose has issued a 'final offer' as part of its hostile bid to take control of GKN. The latest bid has been increased by around 10%. It said that all recent attempts to engage in ...

Private equity group Melrose has said it intends to separate the GKN Automotive and GKN Powder Metallurgy businesses from the Melrose Group by way of a demerger of shares in a new holding company ...