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Engineering giant GKN sold to Melrose for £8bn

OneofBritain'soldestengineeringfirmshasbeensoldfor£8.1bntoacontroversialinvestmentfirm.GKN,whichhashadahandinmakingeverythingfromMinistoSpitfires,lostitsbattlet

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Melrose makes five-year commitment to GKN's aerospace arm after governme

Melrose(MRON.L)onTuesdaycommittedtoafive-yearownershipofGKN’s(GKN.L)aerospacedivisionifitsucceedsinitshostilebidfortheengineeringcompanyaftertheBritishgovernmen