GKN
Posted: 08 Oct 2016, 14:03
https://www.ft.com/content/08e2dfaa-8c9 ... 9f5696c731
Looks like a few hundred jobs to be lost, sadly
Looks like a few hundred jobs to be lost, sadly
News, History, Discussions and Debates on UK Defence.
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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.
Should never have been allowed, I wonder how many job are going to goMelrose Industries, which specialises in turning round troubled manufacturing businesses and selling them on
https://www.swiftaircraft.comThe light aircraft ready to define a revolution in pilot training and General Aviation.
Designed and manufactured entirely in the UK, and available globally,