GKN

(asked on )

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of the potential takeover of GKN on the UK's automotive and aerospace industries.


Answered by
Andrew Griffiths Portrait
Andrew Griffiths
This question was answered on 30th January 2018

This is a commercial matter for the companies involved, however the Government is closely monitoring the situation. If necessary, the Government can intervene in takeovers on public interest grounds, covering national security, financial stability or media plurality.

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