GKN Rejects Takeover, But Splits Off Aerospace

Britain’s GKN, the No. 2 commercial aerostructures provider that saw a tough 2017, on Jan. 12 said it rejected an unsolicited takeover bid. But GKN also announced a new corporate split, turnaround effort and permanent CEO. UK investment and turnaround company Melrose Industries on Jan. 8 proposed a...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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