Sunday, February 25, 2018

Vote Leave donations raise further concern over Melrose's GKN bid

Unite demands to know if Melrose bosses who donated thousands support a hard Brexit


Political efforts to force the business secretary, Greg Clark , to intervene in the hostile takeover bid for industrial giant GKN have intensified with an accusation by Britain’s largest trade union that bosses of bidder Melrose support a hard Brexit that will damage manufacturing jobs.

Research by Unite shows Melrose’s executive chair, Christopher Miller, and his wife, Monica, donated £37,500 to Vote Leave in the runup to the EU referendum while the vice-chair, David Roper, donated £20,000 – a pro-leave stance that the union says justifies blocking the£7.4bn deal unveiled last month.

Continue reading...

from Mergers and acquisitions | The Guardian http://ift.tt/2F54hi4

No comments:

Post a Comment