New government plans to strengthen takeover laws will fall short in stopping the short term-ism of speculative capital, Unite has said. The plans, which will be subject to a 12-week…Read more…
Reject bid call
Unite today (March 12) urged shareholders to reject Melrose’s latest bid for GKN and repeated calls for the business secretary Greg Clark to intervene in the debt-fuelled takeover bid on grounds of…Read more…
GKN-Dana merger
Unite called for assurances on jobs and investment after details of a proposed merger between GKN’s Driveline division and Dana emerged today (March 9). Responding to news of a possible tie…Read more…
MPs grill Melrose bosses
MPs grilled Melrose executives today (March 6) over their takeover bid of engineering giant GKN at a business select committee hearing, where Unite representatives also gave evidence. The…Read more…
Stop GKN takeover
Workers from some of GKN’s biggest customers joined their colleagues from GKN today (March 1) to call on Theresa May’s government to block Melrose’s debt-fuelled takeover bid of the British-based…Read more…