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GKN rejects takeover offer; plans to split business

AutoNews.com
GKN rejected a takeover offer from turnaround specialist Melrose. The supplier set out plans to split its aerospace and engineering units to boost profitability after naming former Ford executive Anne Stevens as CEO.
Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/0YmcmKj4z9o/gkn-rejects-takeover-offer-plans-to-split-business
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