Tag: hostile takeovers
Government considers intervention in Melrose bid for GKN
Ministerial concern at the potential sale of jet fighter components producer GKN to investment company Melrose will see the deal investigated—including whether the deal should be blocked.
Investor concern as GKN rebuffs Melrose’s hostile takeover bid
Investors want a clear plan of action from GKN, as the board furiously dismisses Melrose’s offer to acquire the aerospace and engineering business.
Hostile intent
When faced with a hostile takeover, emotions may run high but, as Simon Laffin advises, the board should lean on its non-executive directors.