KM Financial Solutions | UPDATE 2-Melrose makes 5-yr commitment to GKN’s aerospace arm after government intervenes
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UPDATE 2-Melrose makes 5-yr commitment to GKN’s aerospace arm after government intervenes

UPDATE 2-Melrose makes 5-yr commitment to GKN’s aerospace arm after government intervenes

LONDON, March 27 (Reuters) – Melrose on Tuesday
committed to a five-year ownership of GKN’s aerospace
division if it succeeds in its hostile bid for the engineering
company after the British government made a rare intervention in
the high-profile takeover battle.

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