Contains threads on equipment developed by the UK defence and aerospace industry, but not in service with the British Armed Forces.
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GKN sold to Melrose Industries for £8bn
More @ BBC News: http://www.bbc.co.uk/news/business-43584083One 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.