Melrose - Live Discussion

Lupo di mare 05 Apr 2018

Re: What next? wonxheath - "When are we likely to get money back from Nortek deal?"Pike fisherman knows, at least he did earlier this year.Just creating new shares to pay for GKN, plus 81p for each GKN, so no rights issue. Better await a MRO shareholders verdict, though.

wonxheath 05 Apr 2018

What next? When are we likely to get money back from Nortek deal? And will there be a rights offer to pay for GKN?)

tradingup 30 Mar 2018

Re: Re: scathing attacks in the Times on the 'hapless' and 'dozy Business Secretary Greg Clark.'wittering on about spurous 'national security' grounds he should save himself the trouble.Its in the nations interests that Melrose won.' #Metoo.

pike fisherman 30 Mar 2018

Re: Talk in the papers about the govt stopping the takeover on security grounds. Not much chance, but if it was up to me I would say I will float aero on the FTSE when it is working well, then leave it up to the company to fight off any takeover bid that would come.I think Melrose need to build the U.K. operations, possibly with synergistic acquisitions, to build confidence in the U.K. before their next foray into, hopefully not hostile, takeovers. Personally, I honestly believe that if GKN had won bids for Aero would have happened in the next few months from foreign buyers.

Bluedamson 30 Mar 2018

It is because GKN was clearly in disarray before Melrose appeared on the scene at all. Hence their proposed sale to US interests and other things.

SundayTrader 29 Mar 2018

Re: Melrose 52% Good news for British engineering, for those that care. GKN will now stay British. I am still to be convinced that it is good news for Melrose shareholders.

Bluedamson 29 Mar 2018

Whow !!!! I feel faint.

sound money 29 Mar 2018

Re: Melrose 52% LONDON (Reuters) - Melrose Industries (>> Melrose Industries) has succeeded in its 8 billion pound ($11.22 billion) hostile bid for British engineer GKN (>> GKN) after investors holding 52.4 percent of the FTSE 100 company accepted its cash and shares offer.LONDON (Reuters) - Melrose Industries has succeeded in its 8 billion pound ($11.22 billion) hostile bid for British engineer GKN after investors holding 52.4 percent of the FTSE 100 company accepted its cash and shares offer.The turnaround specialist narrowly clinched the deal, having set its acceptance condition for the takeover at 50 percent plus one share. Its offer is now expected to become unconditional by April 19.(Reporting by Ben Martin; Editing by Adrian Croft)Stocks treated in this article : Dana Inc, GKN, Melrose Industri

RAConnell 29 Mar 2018

Re: Melrose 52% Excellent news.Cherers, RAC

pike fisherman 29 Mar 2018

Re: its all over? It is now!!!!

pike fisherman 29 Mar 2018

Melrose 52% Melrose win.

nick2name 29 Mar 2018

Re: Trading up the offers still conditional aint it?

paul1945 29 Mar 2018

Re: its all over? Hope MRO Has got them

tradingup 29 Mar 2018

Re: Trading up pike - would I do such a thing? def my GKN holding with HL was snaffled away last night.