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Daniel Stewart Securities Plc News

ANALYSIS-Melrose’s "Project Golf" bid for GKN beats engineer’s “Damson” defence
29 Mar 2018

ANALYSIS-Melrose’s "Project Golf" bid for GKN beats engineer’s “Damson” defence

* Melrose first contacted GKN’s brokers about bid on January 5 * Both sides only met once during three-month battle * GKN investors narrowly back Ben ...

UPDATE 1-Melrose wins UK engineer GKN with $11 bln hostile bid
29 Mar 2018

UPDATE 1-Melrose wins UK engineer GKN with $11 bln hostile bid

By Ben Martin LONDON, March 29 (Reuters) - Melrose Industries has narrowly clinched an 8 billion-pound ($11 billion) takeover of British engineer GKN,...

Melrose succeeds in hostile bid for British engineer GKN
29 Mar 2018

Melrose succeeds in hostile bid for British engineer GKN

LONDON, March 29 (Reuters) - Melrose Industries has succeeded in its 8 billion pound ($11.22 billion) hostile bid for British engineer GKN after inves...

Fate of GKN hangs in balance as investors decide on Melrose bid
29 Mar 2018

Fate of GKN hangs in balance as investors decide on Melrose bid

By Ben Martin LONDON, March 29 (Reuters) - The three-month battle for GKN will be decided on Thursday when the deadline for shareholders to accept Mel...

UK awaits security advice before any intervention in GKN deal -minister
27 Mar 2018

UK awaits security advice before any intervention in GKN deal -minister

LONDON, March 27 (Reuters) - Britain's business minister Greg Clark said on Tuesday he would follow expert advice from the defence ministry and others

UPDATE 1-Melrose makes 5-yr commitment to GKN's aerospace arm after government intervenes
27 Mar 2018

UPDATE 1-Melrose makes 5-yr commitment to GKN's aerospace arm after government intervenes

By Kate Holton LONDON, March 27 (Reuters) - Melrose on Tuesday committed to a five-year ownership of GKN's Aerospace division if it succeeds in its ho...

Melrose commits to five-year ownership of GKN's Aerospace division
27 Mar 2018

Melrose commits to five-year ownership of GKN's Aerospace division

LONDON, March 27 (Reuters) - Melrose on Tuesday pledged to own the Aerospace division of its bid target GKN for at least five years and to increase fu...

UPDATE 1-FTSE ends at 15-month low
26 Mar 2018

UPDATE 1-FTSE ends at 15-month low

* FTSE 100 down 0.4 pct * Fresnillo jumps pct on Goldman upgrade * Smurfit Kappa rejects revised International Paper bid * JD Sports rises on Finish L...