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MLSPF / Melrose Industries sinks further on GKN demerger plan

Melrose Industries shares fell again as the financial engineer announced plans to spin out a big chunk of the GKN business it bought four years ago in a bitterly fought £8bn takeover scrap. GKN Automotive and GKN Powder Metallurgy will be demerged into a new business that will have its own separate stock market listing alongside Melrose, which will retain GKN's aerospace arm. Read More

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MLSPF

Posted: Sep 8 2022, 08:04

Author Name: Proactive Investors

MLSPF News

By Proactive Investors
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Melrose soars to post-pandemic high as guidance updated, buyback brought forward

Melrose Industries PLC (LSE:MRO, OTC:MLSPF) shares rose 8% to above 554p for the first time since 2020 after it published its first set of results si

By Proactive Investors
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Melrose ups forecasts and bigs up aerospace potential

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By Proactive Investors
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Melrose Industries rises as new aerospace guidance lifted

Melrose Industries PLC (LSE:MRO, OTC:MLSPF), having spun out its GKN Automotive business last month, today hiked its full-year guidance after trading

By Proactive Investors
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Melrose Industries reports 'materially stronger' profit and cash generation in second half

Melrose Industries PLC (LSE:MRO, OTC:MLSPF) reported “good progress” in the demerger of its GKN Automotive and Powder Metallurgy business and “m

By Proactive Investors
September 8, 2022

Melrose Industries sinks further on GKN demerger plan

Melrose Industries shares fell again as the financial engineer announced plans to spin out a big chunk of the GKN business it bought four years ago in

By Reuters
September 7, 2022

UK's Melrose Industries plans to spin off GKN automotive unit - FT

Melrose Industries plans to spin off its GKN automotive division as a new UK-listed company, the Financial Times reported on Thursday, citing people f

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