Melrose £7 billion takeover bid causes GKN shares to soar, metal powder business struggles to stabilize

Published: 18/01/2018
Melrose £7 billion takeover bid causes GKN shares to soar, metal powder business struggles to stabilize
Source: WWW.3DERS.ORG

GKN is in the headlines again this week, but not necessarily for the reasons the multinational automotive and aerospace company would have expected. Following a string of hard-hitting losses at GKN’s American aerospace plant, British investment and acquisition giant Melrose swooped in with an aggressive £7.4 billion takeover offer

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