|Bid||125.40 x 0|
|Ask||175.00 x 0|
|Day's range||165.12 - 169.80|
|52-week range||94.82 - 169.80|
|Beta (5Y monthly)||1.67|
|PE ratio (TTM)||N/A|
|Earnings date||02 Mar 2023|
|Forward dividend & yield||0.02 (1.45%)|
|Ex-dividend date||09 Mar 2023|
|1y target est||186.67|
The company, which announced in September its plans to spin off the GKN automotive division, smaller powder metallurgy and hydrogen businesses from its aerospace arm, would be demerged into a new independent holding company called Dowlais Group, it added. Melrose, which will retain ownership of GKN Aerospace, also planned to seek a London listing of the demerged company. The company, which specialises in acquiring and turning around underperforming businesses before selling them, bought British engineer GKN in 2018 for $11 billion after a three-month battle to gain control of the firm.
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We feel now is a pretty good time to analyse Melrose Industries PLC's ( LON:MRO ) business as it appears the company...