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Melrose, which bought GKN in a controversial £8 billion takeover in 2018, said it will demerge GKN’s automotive and the smaller powder metallurgy divisions from its aerospace arm into a ...
GKN plc (LSE:GKN) trades with a trailing P/E of 16.4x, which is lower than the industry average of 17.8x. While this makes GKN appear like a great stock to buy, you might change your mind after I ...
On 12 January, GKN disclosed its rejection of Melrose's takeover bid, describing it as "entirely opportunistic". The terms of the bid "fundamentally undervalue the company and its prospects", said ...
The man appointed just two months ago to run British engineer GKN (GKN.L), Kevin Cummings, is leaving after the aerospace division he ran took a second large writedown, sending the shares down by ...
HAZELWOOD, Mo. – GKN Aerospace announced in February it will shut down its factory in Hazelwood by the end of 2023. Some area lawmakers are trying to save those jobs. 1,000 jobs are at stake ...
Contacts Kozberg & Bodell LLP Gregory Bodell, 310-553-1333 [email protected] ...
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