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BRIEF-UK Govt Has "Statutory Responsibility" To Consider Whether GKN-Melrose Merger Gives Rise To Public Interest Concerns - Business Secretary??

Thu, 29th Mar 2018 17:51

March 29 (Reuters) - UK Business Secretary Greg Clark:

* "DURING BID, MELROSE MADE COMMITMENTS WHICH THEY ARE BOUNDTOHONOUR INCLUDING INVESTMENT IN RESEARCH AND DEVELOPMENT,MAINTAINING ITSELF AS UK BUSINESS" ??

* GOVERNMENT HAS STATUTORY RESPONSIBILITY TO CONSIDERWHETHERGKN-MELROSE MERGER IN PROPOSED FINAL FORM GIVES RISE TO PUBLICINTEREST CONCERNS

* ASSESSMENT ON WHETHER MERGER GIVES RISE TO PUBLIC INTERESTCONCERNS WILL BE MADE BY APPROPRIATE AUTHORITIES

* CONCLUSION ON ASSESSMENT ON WHETHER MERGER GIVES RISE TOPUBLICINTEREST CONCERNS WILL BE SET OUT IN DUE COURSEFurther company coverage:

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