Melrose Industries GKN Automotive Spinoff
September 8, 2022 Update
Melrose Industries has announced it is spinning off GKN Automotive and GKN Powder Metallurgy
- Melrose acquired GKN in 2018 for $11bn
- GKN is an auto parts supplier for companies like Volkswagen AG
The RemainCo seems actually interesting. Good VIC Writeup available by HTC2012
2023: https://valueinvestorsclub.com/idea/Melrose_Industries/0936503326
2019: https://valueinvestorsclub.com/idea/Melrose_Industries_PLC/9488205163
Thanks Max! Will check it out.
The RemainCo seems actually interesting. Good VIC Writeup available by HTC2012
2023: https://valueinvestorsclub.com/idea/Melrose_Industries/0936503326
2019: https://valueinvestorsclub.com/idea/Melrose_Industries_PLC/9488205163