GKN shareholders accept £8.1bn takeover offer from Melrose

London (AFP) – A majority of shareholders in British engineering group GKN have accepted an £8.1 billion (9.2 billion euros, $11.4 billion) takeover offer from investment firm Melrose after a long-running battle.

“We are delighted and grateful to have received support from GKN shareholders for our plan to create a UK industrial powerhouse,” Melrose chairman Christopher Miller said in a statement.