The bidding war for engineering giant GKN is heating up as the deadline for shareholder acceptance nears. The offers from both suitors are growing sweeter, though not necessarily in terms of hard cash….
GKN suitors sweeten their offers as deadline nears
Melrose is now offering a £1bn infusion for GKN's pension while Dana has promised a listing on the London Stock Exchange. Is either offer enough to convince shareholders? By Megan Lampinen