IFLR1000

Melrose Industries £7.4 billion hostile takeover bid for GKN

24/1/2018
Public acquisition
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£ 7.4 billion

$ 10.3 billion

Announced

24/1/2018

Overview:

  • Melrose Industries has made a £7.4 billion hostile takeover bid for GKN.
  • The target company is FTSE 100 engineering firm and provides aerospace, driveline and powder metallurgy services worldwide.
  • The deal is the largest hostile bid made for a UK company since 2009.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United Kingdom

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

England and Wales

Industry sector:

Industrials and manufacturing

Firms:
Simpson Thacher & Bartlett

Party: Melrose Industries (Bidder)

Lawyers: Adam Signy, Ben Spiers, Nicholas Shaw

Slaughter and May

Party: GKN (Target)

Lawyer: Roland Turnill

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