GKN

[dmereifield]

https://www.ft.com/content/08e2dfaa-8c9 ... 9f5696c731

Looks like a few hundred jobs to be lost, sadly

[marktigger]

looks like AH64E is going to Beoing then

[SKB]

GKN sold to Melrose Industries for £8bn


(BBC News)

One of Britain's oldest engineering firms has been sold for £8.1bn to a controversial investment firm.

GKN, which has had a hand in making everything from Minis to Spitfires, lost its battle to stay independent.

Melrose Industries, which specialises in turning round troubled manufacturing businesses and selling them on, won the backing of 52% of GKN shareholders.

More @ BBC News: http://www.bbc.co.uk/news/business-43584083

[RunningStrong]

It's Kraft all over again :/

[Jdam]

Melrose Industries, which specialises in turning round troubled manufacturing businesses and selling them on

Should never have been allowed, I wonder how many job are going to go

[Jensy]

More on Swift:

The light aircraft ready to define a revolution in pilot training and General Aviation.

Designed and manufactured entirely in the UK, and available globally,

https://www.swiftaircraft.com