Peel Hunt reissued their buy rating on shares of Melrose Industries (LON:MRO) in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports. A number of other research analysts have ...
The results for 2019 were comfortably ahead of the board's expectations for both profit and cash generation Melrose Industries PLC (LON:MRO), the engineering conglomerate, rose in early deals after ...
Melrose Industries (LON:MRO)‘s stock had its “buy” rating reiterated by equities researchers at UBS Group in a research note issued on Tuesday, Stock Target Advisor reports. They presently have a GBX ...
Melrose Industries PLC (LON:MRO) said its transformation of GKN continued “at pace”, with profit margins improving even though the growth of its aerospace arm continues to be offset by lower ...
StockMarketWire.com - Citigroup today reaffirms its buy investment rating on Melrose PLC [LON:MRO] and raised its price target to 230p (from 220p).
Melrose may look to reassure as it continues grappling with GKN Almost a year and a half after winning the bitter battle to buy engineer GKN but with disquiet still ringing in its ears, Melrose ...
The Melrose Industries (LON:MRO) share price has risen by 4.32% over the past month and it’s currently trading at 175.95p. For investors considering whether to buy, hold or sell the stock, the ...
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Melrose Industries PLC (LON:MRO) shares were lifted in mid-morning trading Tuesday after it issued an ‘in-line’ trading update for the four months to 31 October, with its Aerospace and Powder Metallur...
Melrose Industries said it would review its pay arrangements and consult with shareholders as it prepared for a potentially rocky annual general meeting.
Melrose announced on Friday that it has now acquired, unconditionally contracted to acquire, or received valid acceptances, of its offer for GKN in respect of more than 90% of the value of the GKN shares to which the offer related, and more than 90% of the voting rights carried by such shares.
(WebFG News) - Melrose Industries said its priority was tackling an "unacceptable" performance from GKN's aerospace division after profit and cash generation across the group came in below market expectations in the three months leading up to the completion of its £8bn takeover last week.
Melrose Industries said an early review of GKN confirmed its potential for improvement as Melrose's £8bn offer for the engineering company became unconditional.
Melrose Industries still had not received acceptances from 15% of GKN shareholders for its takeover after its midday deadline on Wednesday, though it said the offer will become unconditional in all respects at 0800 BST the following day.
The Investment Association (IA) has written to one in 10 companies in the FTSE 350 - including BP - urging them to set out plans to appoint more senior female managers or face unrest at shareholder meetings.
GKN's remaining shareholders have until Thursday to accept the takeover offer from Melrose Industries as the turnaround specialist's offer will soon be declared wholly unconditional.
Melrose Industries, which recently won its battle to take over engineer GKN, got a boost on Friday as Goldman Sachs added the buy-rated stock to its Conviction List.
GKN shareholders have accepted turnaround specialist Melrose Industries' £8.1bn bid for the engineer, ending a two-and-a-half month saga that has involved intervention from the government and countless tit-for-tat exchanges between the two companies.
Melrose Industries and GKN engaged in a final public slanging match before a shareholder vote on the turnaround company's hostile bid for the FTSE 100 engineer.
Melrose Industries has written to the government setting out commitments in a final push to win approval for its hostile bid for GKN.