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830572

registered interest
date	25/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	GKN: Melrose
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of the potential takeover of GKN on the UK's automotive and aerospace industries.
tabling member constituency	Birmingham, Northfield
tabling member printed	Richard Burden
uin	125100
answer	answer is ministerial correction date of answer 30/01/2018 answer text <p>This is a commercial matter for the companies involved, however the Government is closely monitoring the situation. If necessary, the Government can intervene in takeovers on public interest grounds, covering national security, financial stability or media plurality.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 30/01/2018 16:23:20 answering member 3936 label Biography information for Andrew Griffiths
tabling member	301 label Biography information for Richard Burden

830573

registered interest
date	25/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	GKN: Melrose
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, when he was made aware of the attempted takeover of GKN by Melrose; and whether he has met with any of the parties involved.
tabling member constituency	Birmingham, Northfield
tabling member printed	Richard Burden
uin	125101
answer	answer is ministerial correction date of answer 30/01/2018 answer text <p>GKN announced on 12 January that it had been approached by Melrose. Since then I have spoken on an impartial basis to both companies, and will continue to monitor the situation closely.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 30/01/2018 16:23:05 answering member 3936 label Biography information for Andrew Griffiths
tabling member	301 label Biography information for Richard Burden