Melrose rules out reorganisation of GKN if hostile bid succeeds

LONDON (Reuters) - Turnaround specialist Melrose said on Wednesday it had reached an agreement with the UK's takeover panel in relation to its legally binding post-offer undertakings for the British engineering firm GKN and would not immediately seek a reorganisation of the business.

from Reuters: Top News http://uk.reuters.com/article/uk-gkn-m-a-melrose-inds/melrose-rules-out-reorganisation-of-gkn-if-hostile-bid-succeeds-idUKKBN1H40RW?feedType=RSS&feedName=topNews