GKN takeover fight: Company pledges £100m Dana sweetener for shareholders



GKN has pledged a quick payout to shareholders from a merger of its automotive business with Dana as the US group sweetened its offer. The FTSE 100 engineer, seeking to fend off a near-£8billion hostile takeover by Melrose Industries, said it would return up to £700million "as soon as practicable" after the deal.
GKN takeover fight: Company pledges £100m Dana sweetener for shareholders GKN takeover fight: Company pledges £100m Dana sweetener for shareholders Reviewed by Melbal Business News And Directory on 27 March Rating: 5

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