MRO.L - Melrose Industries PLC

LSE - LSE Delayed price. Currency in GBp
240.80
-1.20 (-0.50%)
At close: 5:13PM BST
Stock chart is not supported by your current browser
Previous close242.00
Open243.60
Bid200.00 x 183600
Ask0.00 x 149100
Day's range239.60 - 244.30
52-week range194.70 - 261.70
Volume15,034,847
Avg. volume29,984,945
Market cap11.281B
Beta1.26
PE ratio (TTM)N/A
EPS (TTM)-1.20
Earnings dateN/A
Forward dividend & yield0.04 (1.87%)
Ex-dividend date2018-04-05
1y target est256.23
  • Too Much of a Good Thing
    Bloomberg23 days ago

    Too Much of a Good Thing

    If any company has enjoyed diplomatic immunity in the conflict over high pay, it's British turnaround specialist and star performer Melrose Industries Plc. Next week's annual shareholder meeting is a chance to send a message that what seemed acceptable in the past is no longer so. Back in 2012, Melrose started a five-year bonus program tied solely to shareholder returns. The uplift was to be adjusted for any fresh capital shareholders put in.

  • Two FTSE 100 start stocks I’d buy with £2,000 today
    Fool.co.uk27 days ago

    Two FTSE 100 start stocks I’d buy with £2,000 today

    New investors seeking outsized potential returns should consider these FTSE 100 (INDEXFTSE: UKX) growth stars.

  • Government gives green light to £8.1bn GKN takeover
    Sky Newslast month

    Government gives green light to £8.1bn GKN takeover

    The Government has given the green light to Melrose (LSE: 136541.L - news) 's £8.1bn takeover of British engineering giant GKN (Frankfurt: 694194 - news) after finding there were no national security grounds for intervening in the deal. At the time, Business Secretary Greg Clark said that the Government would formally consider whether the deal raised public interest concerns. Ministers have acknowledged the importance of GKN to the British economy.

  • Reuters - UK Focuslast month

    British government gives Melrose takeover of GKN the green light

    Britain's business minister said there were no national security grounds to intervene in turnaround specialist Melrose (LSE: 136541.L - news) 's takeover of UK engineering company GKN (Frankfurt: 694194 - news) , giving the deal the green light from government. Melrose clinched an 8 billion-pound ($11 billion) takeover of GKN in March in a deal which the government said it needed to examine for any public interest concerns. During the three-month battle for GKN, lawmakers had raised concerns that Melrose could in the future sell GKN's aerospace business, which is involved in defence programmes, to an overseas buyer.

  • GKN board resigns after £8.1bn takeover
    PA Money Newslast month

    GKN board resigns after £8.1bn takeover

    Melrose said an early-stage review had confirmed the ‘extent of the opportunity to improve GKN’s business’.

  • If Investors Weren't So Supine, Who'd Need Hostile Bids?
    Bloomberg2 months ago

    If Investors Weren't So Supine, Who'd Need Hostile Bids?

    The political row over GKN's takeover distracts from a deeper malaise.

  • Business Wire2 months ago

    Form 8.3 - Melrose Industries PLC

    LONDON--(BUSINESSWIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) ...

  • PR Newswire2 months ago

    Permian Investment Partners - Form 8.3 - Melrose Inds

    FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1.         KEY INFORMATION ...

  • PR Newswire2 months ago

    Permian Investment Partners - Form 8.3 - GKN PLC

    FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1.         KEY INFORMATION ...

  • Business Wire2 months ago

    Form 8.3 - Melrose Industries PLC

    LONDON--(BUSINESSWIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) ...

  • Business Wire2 months ago

    Form 8.3 - Melrose Industries plc

    LONDON--(BUSINESSWIRE)-- FORM 8.3 AMENDMENT TO s3(b) OF THE PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the ...

  • Business Wire2 months ago

    Form 8.3 - Melrose Industries plc

    DENVER--(BUSINESSWIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) ...

  • Business Wire2 months ago

    Form 8.3 - Melrose Industries plc

    LONDON--(BUSINESSWIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) ...

  • Reuters2 months ago

    UK Stocks-Factors to watch on April 3

    (Adds company news items and futures) April 3 (Reuters) - Britain's FTSE 100 index is seen opening 46 points lower at 7,011 on Tuesday, according to financial bookmakers, with futures down 1.15 percent ...

  • Business Wire2 months ago

    Form 8.3 - Melrose

    LONDON--(BUSINESSWIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) ...

  • PR Newswire2 months ago

    Norges Bank - Form 8.3 - Melrose Industries PLC

    FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1.         KEY INFORMATION ...

  • Business Wire2 months ago

    Form 8.3 - Melrose Industries PLC

    LONDON--(BUSINESSWIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) ...

  • Another Corporate Headache Lands on Theresa May’s Lap
    Bloomberg2 months ago

    Another Corporate Headache Lands on Theresa May’s Lap

    Yet another corporate headache has landed on U.K. Prime Minister Theresa May’s lap in the shape of Melrose Industries Plc’s hostile 8.1 billion pound ($11.4 billion) takeover of government contractor GKN ...

  • Melrose’s Success in GKN Takeover May Lie With U.K. Defense Boss
    Bloomberg2 months ago

    Melrose’s Success in GKN Takeover May Lie With U.K. Defense Boss

    The success -- or not -- of Melrose Industries Plc’s hostile takeover of government contractor GKN Plc may be in the hands of U.K. Defense Secretary Gavin Williamson.

  • Melrose Hostile GKN Takeover Sparks U.K. Government Interest
    Bloomberg2 months ago

    Melrose Hostile GKN Takeover Sparks U.K. Government Interest

    The U.K. ministers for defense and business may take steps over Melrose Industries Plc’s hostile takeover of government contractor GKN Plc for any risks the deal may pose to national security, media reports ...

  • The Wall Street Journal2 months ago

    [$$] Melrose Industries Wins Bruising Takeover Battle for Britain’s GKN

    British turnaround specialist Melrose Industries won a bruising takeover battle for plane and car parts maker GKN, effectively killing a $6.1 billion deal by Ohio-based auto parts supplier Dana to combine ...

  • The Wall Street Journal2 months ago

    [$$] Britain’s Monetary ‘Stimulus’ Has Fed the Pension Crisis

    Ultralow interest rates widen the gap between assets and liabilities as expected returns plummet.

  • Melrose wins UK engineer GKN with £8 billion hostile bid
    Reuters2 months ago

    Melrose wins UK engineer GKN with £8 billion hostile bid

    Melrose Industries has narrowly clinched an 8 billion-pound takeover of British engineer GKN, winning an acrimonious three-month battle for control of the FTSE 100 company. The UK-based turnaround specialist said on Thursday that 52.4 percent of GKN's shareholders had accepted its hostile cash-and-shares offer by the time the deadline for a deal expired at 1200 GMT. It means Melrose has triumphed with Britain's biggest hostile bid since Kraft pounced on confectionery giant Cadbury in 2009.

  • Reuters2 months ago

    Melrose’s 'Project Golf' bid for GKN beats engineer’s “Damson” defense

    The opening salvo in what would become a three-month battle for British engineer GKN (GKN.L) was fired by Melrose's (MRON.L) chief executive over the telephone. On Friday January 5, Simon Peckham rang GKN's advisers at JP Morgan to arrange a meeting with the FTSE 100-listed aerospace and automotive parts supplier. The gathering took place the following Monday at the investment bank's offices next to the River Thames at Blackfriars in London, according to a source.

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