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India

Melrose Industries PLC (MRON.L)

MRON.L on London Stock Exchange

196.60GBp
18 Apr 2019
Change (% chg)

3.10 (+1.60%)
Prev Close
193.50
Open
194.00
Day's High
197.25
Day's Low
191.55
Volume
10,652,015
Avg. Vol
12,958,752
52-wk High
248.80
52-wk Low
145.94

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Thu, Mar 7 2019

UPDATE 2-GKN deal boosts Melrose's profit, eases economy worries

* Shares rise as much as 6 pct to top FTSE-100 (Adds Chairman, analyst comments, shares, background)

Melrose full-year adjusted pretax profit nearly triples

March 7 Turnaround specialist Melrose Industries Plc's full-year adjusted pretax profit nearly tripled, boosted by last year's hostile takeover of British engineer GKN.

Melrose to sell Walterscheid Powertrain Group for $262.7 million

Turnaround specialist Melrose Industries Plc said on Wednesday it plans to sell its off-highway powertrain applications business Walterscheid Powertrain Group to private equity firm One Equity Partners for about 200 million pounds ($262.7 million).

UPDATE 1-Melrose to sell Walterscheid Powertrain Group for $262.7 mln

March 6 Turnaround specialist Melrose Industries Plc said on Wednesday it plans to sell its off-highway powertrain applications business Walterscheid Powertrain Group to private equity firm One Equity Partners for about 200 million pounds ($262.7 million).

Melrose to sell Walterscheid Powertrain Group for $262.7 mln

March 6 Turnaround specialist Melrose Industries Plc said on Wednesday it would sell its off-highway powertrain applications business Walterscheid Powertrain Group to One Equity Partners, a U.S.-based private equity firm for about 200 million pounds ($262.68 million).

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