GKN News
Here are all todays headlines related to GKN News. If you wish to drill deeper to view past GKN News items, follow the next 20 headlines link at the foot of the page.
12-02-2018
Turnaround specialist Melrose Industries' £7bn hostile bid for defence contractor GKN could pose a threat to US national security, according to union Unite.
09-02-2018
GKN reiterated its belief on Friday that Melrose Industries' £7bn offer for the engineer is "derisory" as it said it is prepared to give investors more time to consider the bid.
01-02-2018
Turnaround specialist Melrose Industries outlined the formal terms of its £7.4bn offer for GKN on Thursday, promising to simplify and declutter the business, but GKN responded by urging its shareholders to reject the "derisory" offer.
29-01-2018
GKN looked to clear up a dispute over its pensions deficit on Monday as it battles to stave off a hostile takeover from smaller rival Melrose Industries, following reports the shortfall could be a potential 'poison pill'.
28-01-2018
Stronger than expected growth numbers have fuelled expectations that another rise in interest rates is on the way, with City traders now seeing a May rise from the Bank of England as an even-money bet. The economy expanded by 0.5% in the final quarter of 2017, according to official figures last week, faster than economists had forecast. - Sunday Times
22-01-2018
Having rejected a £7bn hostile bid from Melrose Industries last week, GKN sought to highlight its potential as a standalone entity on Monday, lifting sales forecasts for its electric driveline (eDrive) business.
18-01-2018
The tit-for-tat exchanges between Melrose Industries and GKN continued on Thursday, as Melrose responded to comments from its bid target, which said earlier in the day that the company's offer statement was "misleading", after the engineer rejected a hostile, sweetened bid of £7.4bn a day earlier.
18-01-2018
Rightmove: JP Morgan upgrades to neutral with a target price of 4,168p.
17-01-2018
Melrose Industries has gone hostile with its bid for GKN, making a sweetened offer of 430.1p per share, or £7.4bn, but the engineer has rebuffed it again.
15-01-2018
Berenberg upped its price target on GKN to 455p from 365p on Monday, sticking with its 'buy' rating as it said it seems inevitable the engineer will end up being owned by Melrose Industries, after it rejected a £7bn bid last week.
12-01-2018
Unite has urged the government to block what it called a "predatory" and "destructive" takeover bid for engineer GKN by turnaround specialist Melrose Industries.
12-01-2018
Shares in GKN surged on Friday after the company said it has rejected a bid proposal from Melrose and appointed Anne Stevens as chief executive, as it announced plans to separate its aerospace and automotive businesses.
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