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Engineering giant GKN rejects £7bn takeover bid - BBC News - BBC News
BBC News | Engineering giant GKN rejects £7bn takeover bid - BBC News BBC News Shares in GKN, one of the UK's biggest engineering firms, have soared after it rejected a bid that values the company at £7bn. Melrose made the unsolicited offer of 405p a share on 8 January. Shares in GKN, which makes wing tips for Airbus planes and ... Could £7bn offer prompt engineering giant GKN to split in two? Shares in engineering firm GKN soar 24% after it reveals £7billion takeover approach from turnaround specialist Melrose Engineering M&A lifts market to fresh high |
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