GKN: Melrose

(asked on 30th January 2018) - View Source

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

What representations he has received on the attempted takeover of GKN by Melrose.


Answered by
Greg Clark Portrait
Greg Clark
This question was answered on 30th January 2018

This is a commercial matter for the companies involved. I have spoken to the Chief Executives of GKN and Melrose to understand their intentions, and will continue to monitor the situation closely.

The Government can intervene in mergers on certain public interest grounds concerning national security, financial stability or media plurality.

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