GKN considers listing auto unit as separate company, report says


Reuter
October 23, 2017 10:17 CET

LONDON -- British engineering group GKN is considering splitting into two listed companies comprising its aerospace and auto component divisions, the Sunday Times reported, without citing sources.

The company, which supplies components for carmakers including Volkswagen Group and Fiat Chrysler Automobiles, is in the early stages of considering the plan, the newspaper said.

A spokesman for the company declined to comment on the report.

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