UK: GKN close to acquiring Volvo Aero

GKN Plc is reportedly looking to close a deal to buy Swedish company Volvo AB's aircraft engine manufacturing unit, Volvo Aero, in the next month. Bloomberg, citing two unnamed sources familiar with the development, said GKN is the only remaining bidder for the company after the other bidders dropped out. One of Subscribe to Automotive World … Continued

• By Webmaster
• March 28, 2012