|Bid||200.00 x 183600|
|Ask||0.00 x 149100|
|Day's Range||239.60 - 244.30|
|52 Week Range||194.70 - 261.70|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (1.87%)|
|1y Target Est||N/A|
If any company has enjoyed diplomatic immunity in the conflict over high pay, it's British turnaround specialist and star performer Melrose Industries Plc. Next week's annual shareholder meeting is a chance to send a message that what seemed acceptable in the past is no longer so. Back in 2012, Melrose started a five-year bonus program tied solely to shareholder returns. The uplift was to be adjusted for any fresh capital shareholders put in.
Britain's business minister said there were no national security grounds to intervene in turnaround specialist Melrose's takeover of UK engineering company GKN, giving the deal the green light from government. Melrose clinched an 8 billion-pound ($11 billion) takeover of GKN in March in a deal which the government said it needed to examine for any public interest concerns. During the three-month battle for GKN, lawmakers had raised concerns that Melrose could in the future sell GKN's aerospace business, which is involved in defence programmes, to an overseas buyer.
Melrose Industries PLC (LSE:MRO), a electrical company based in United Kingdom, saw a double-digit share price rise of over 10% in the past couple of months on the LSE. AsRead More...
Stocks with market capitalization between $2B and $10B, such as Melrose Industries PLC (LSE:MRO) with a size of UK£4.10B, do not attract as much attention from the investing community asRead More...
Moody's Investors Service, ("Moody's") has today placed the Baa3/(P)Baa3 senior unsecured debt and programme ratings of GKN Holdings plc, the finance, investment and holding company of GKN Plc ...
(Adds company news items and futures) April 3 (Reuters) - Britain's FTSE 100 index is seen opening 46 points lower at 7,011 on Tuesday, according to financial bookmakers, with futures down 1.15 percent ...
Yet another corporate headache has landed on U.K. Prime Minister Theresa May’s lap in the shape of Melrose Industries Plc’s hostile 8.1 billion pound ($11.4 billion) takeover of government contractor GKN ...
The success -- or not -- of Melrose Industries Plc’s hostile takeover of government contractor GKN Plc may be in the hands of U.K. Defense Secretary Gavin Williamson.
The U.K. ministers for defense and business may take steps over Melrose Industries Plc’s hostile takeover of government contractor GKN Plc for any risks the deal may pose to national security, media reports ...