Sky News | Melrose claims victory in £8.1bn takeover battle for engineering giant GKN Sky News Melrose claims victory in £8.1bn takeover battle for engineering giant GKN. Melrose said GKN would be in "very good hands" but one MP called the takeover a "bleak day for British industry". 18:32, UK, Thursday 29 March 2018. GKN. Image: GKN employs 6 ... Melrose has won the battle for engineering giant GKN as shareholders vote in favour of takeover British engineering giant GKN loses bid to stay independent as shareholders accept £8billion hostile takeover from ... |