Government puts GKN takeover under review
The two main protagonists in the battle to take control of engineering giant GKN will confront each other today amidst mounting concerns that any takeover could seriously impact the business’ pension scheme.
Turnaround specialist Melrose has bid £7.4bn for the Redditch-based group, a figure which GKN says woefully undervalues the company.
Anne Stevens, chief executive of GKN, together with group finance director, Jos Sclater, will be presenting evidence on the possible takeover of the business to the Business, Energy and Indu... 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...
