Melrose gets green light from UK for GKN takeover
UK Business Minister Greg Clark said there were no national security grounds to intervene in turnaround specialist Melrose's takeover of British auto supplier GKN.
PSA's Tavares faces toughest opponent yet in German union
PSA boss Carlos Tavares, who is no stranger to thrashing out difficult labor deals, is now taking on Germany's powerful IG Metall union, which has been the undoing of many a cost cutter.
