Home / Finance / GKN’s £4.4bn Dana merger is a blow for Melrose bid

GKN’s £4.4bn Dana merger is a blow for Melrose bid

GKN struck a $6.1billion deal to merge its automotive business with American car parts maker Dana, yesterday.The FTSE 100 engineer is fighting to fend off a £7.4billion hostile takeover by industrial turnaround specialist Melrose.



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