MPs demand assurances GKN pensioners will be provided for under Melrose ownership
MPs have demanded further assurances from turnaround specialist Melrose that it is the best suitor to take control of engineering giant GKN.
Representatives from GKN, Melrose and trade union Unite all outlined their roles in the takeover saga during a hearing of the Business, Energy and Industrial Strategy select committee, convened to hear evidence on what could happen should Melrose take ownership of GKN.
Rachel Reeves, chair of the BEIS committee, said: “We heard Melrose's broad strategy for GKN but it was light on specific... 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...