Investors want a clear plan of action from GKN, as the board furiously dismisses Melrose’s offer to acquire the aerospace and engineering business.

Nelson Peltz, of shareowners Trian Partners, is set to take a role on the board of Procter & Gamble after a recount found him to have been voted on with the narrowest of margins.

French food company combines chief executive and chair roles saying it “builds a bridge” between the board and management.