Company News
22 Jan
GKN lifts eDrive sales forecasts as it fends off Melrose bid
Having rejected a £7bn hostile bid from Melrose Industries last week, GKN sought to highlight its potential as a standalone entity on Monday, lifting sales forecasts for its electric driveline (eDrive) business.
22 Jan
Smiths Group to sell John Crane's Bearings business
Smiths Group has agreed to sell its John Crane's Bearings business to private Austrian company Miba AG for an enterprise value of $35m.