Thursday, 29 March 2018

Decision day for Britain's biggest engineering group GKN as shareholders vote on its future



By one o'clock this afternoon the fate of Britain's biggest engineering group, GKN will be decided.

 
Investors will have voted on whether it is to stay independent or come under the control of turnaround specialist Melrose Industries.


It is the biggest UK hostile takeover bid since Kraft took over Cadbury's in 2010.


Several investors have already said which way they will jump. But they appear evenly divided.





BBC         News.