Melrose makes 5-year commitment to GKN's aerospace arm after government intervenes

LONDON (Reuters) - Melrose on Tuesday committed to a five-year ownership of GKN's Aerospace division if it succeeds in its hostile bid for the engineering company after the British government made a rare intervention in the high-profile takeover battle.

from Reuters: Top News http://uk.reuters.com/article/uk-gkn-m-a-melrose/melrose-makes-5-year-commitment-to-gkns-aerospace-arm-after-government-intervenes-idUKKBN1H30NS?feedType=RSS&feedName=topNews