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AVMon, 12th Mar 2018 15:08
"We believe the interests of shareholders in both companiesare best served by accepting Melrose's raised bid," DavidCumming, Aviva Investors' chief investment officer for equities,said in a statement to Reuters on Monday.
It comes after Melrose hiked its cash-and-shares offer forGKN and declared its bid final.(Reporting by Ben Martin, editing by David Evans)
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