Block £7bn takeover of fighter plane engineer GKN

A predatory turnaround group has targeted one of Britain's leading engineering firms, prompting calls for ministers to intervene.GKN, which dates back to the 18th century, has rejected an unsolicited £7billion approach from Melrose, slamming it as opportunistic and cheap.It prompted the engineer to reveal plans to split its aerospace and cars divisions, as well as appointing interim chief Anne Stevens as full-time boss, which saw her become the FTSE 100's eighth female chief executive.But Mel...