GKN has pledged a quick payout to shareholders from a merger of its automotive business with Dana as the US group sweetened its offer. The FTSE 100 engineer, seeking to fend off a near-£8billion hostile takeover by Melrose Industries, said it would return up to £700million "as soon as practicable" after the deal.
Source: Daily Express :: Finance Feed https://ift.tt/2GcaIkX
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