# Melrose acquires GKN

Melrose Industries announced that its offer for GKN had received acceptances representing 84.97% of voting rights, and all conditions except admission were satisfied, with the offer expected to become unconditional on 19 April 2018.

- Type: Acquisition
- Announced: 2018-04-18
- Where: United Kingdom
- Value: $9.60B (6.90B GBP)
- Status: completed
- Products: aerospace and automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [GKN plc](https://endata.com/companies/2944.md) (target)
- [Melrose Industries](https://endata.com/companies/31414.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/GKN-4000513/news/GKN-Update-re-Melrose-Offer-for-GKN-26377729/), 2018-04-18: "As at 12.00 p.m. today Melrose had received valid acceptances representing approximately 84.97 per cent. of the voting rights of GKN."
- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/MELROSE-INDUSTRIES-PLC-26487567/news/Melrose-Industries-plc-completed-the-acquisition-of-GKN-plc-34740057/), 2018-04-25: "Melrose Industries plc completed the acquisition of GKN plc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.