UPDATE 2-GKN faces pressure from activist fund Elliott to engage with Melrose
14 Jan UPDATE 2-GKN faces pressure from activist fund Elliott to engage with Melrose
Posted at 19:57h
in
News
by KMFSLLP
LONDON, Jan 15 (Reuters) – GKN faces pressure to
open takeover talks with suitor Melrose Industries from
U.S. activist investor Elliott, which disclosed a stake in the
British engineering company just days after it rejected a 7
billion pound ($9.66 billion) bid.
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