GKN has pledged a quick payout to shareholders from a merger of its automotive business with Dana as the US group sweetened its offer. The FTSE 100 engineer, seeking to fend off a near-£8billion hostile takeover by Melrose Industries, said it would return up to £700million "as soon as practicable" after the deal.
-»
GKN takeover fight: Company pledges £100m Dana sweetener for shareholders
![GKN takeover fight: Company pledges £100m Dana sweetener for shareholders]()
Reviewed by Unknown
on
27 March
Rating:
No comments:
Post a Comment