menu search

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

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 familiar with the matter. Read More
Posted: Sep 7 2022, 23:42
Author Name: Reuters
Views: 112594

MLSPF News  

Melrose warns of £200m hit from Pratt & Whitney engine issue

By Proactive Investors
September 12, 2023

Melrose warns of £200m hit from Pratt & Whitney engine issue

Melrose cautioned that problems revealed yesterday by US aero engine maker Pratt & Whitney's subsidiary Raytheon (RTX) might cost it as much as £200 more_horizontal

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

By Proactive Investors
September 7, 2023

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 more_horizontal

Melrose ups forecasts and bigs up aerospace potential

By Proactive Investors
May 17, 2023

Melrose ups forecasts and bigs up aerospace potential

Melrose Industries jumped almost 5% as the engineer significantly upped its guidance for aerospace earnings in 2025. FTSE 100 member Melrose said it n more_horizontal

Melrose Industries rises as new aerospace guidance lifted

By Proactive Investors
May 10, 2023

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 more_horizontal

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

By Proactive Investors
November 15, 2022

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 more_horizontal

Melrose Industries sinks further on GKN demerger plan

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 more_horizontal

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

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 more_horizontal


Search within

Pages Search Results: