West Midlands Mayor urges Government to consider halting GKN takeover battle

Andy Street
West Midlands Mayor, Andy Street has intervened directly with the Government over concerns regarding the future of regional engineering powerhouse, GKN. Mr Street said claim and counter-claim in the tit-for-tat exchanges between the Redditch company and its potential suitor, Melrose, were doing nothing to allay the fears of workers already uncertain about what the future might hold. He has urged a government review into the situation to see if the potential takeover should be halted. In a letter to Business Secretary Greg Cla... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...