UK's Melrose rises on progress in Garden Grove civil investigation resolution
13/10/2026 09:58
BUZZ-UK's Melrose rises on progress in Garden Grove civil investigation resolution ** Shares of aerospace components supplier Melrose Industries MRON.L climb 4.4% at 469.6p
** Company says Orange County District Attorney's office has filed documentation to initiate resolution of civil investigation into GKN Aerospace's Garden Grove facility
** Says GKN continues to expect a phased return to full operating capacity at the Garden Grove facility during the fourth quarter
** YTD, Melrose stock down ~21%
(Reporting by Krisha Bhatt in Bengaluru)
Recent news on Melrose Industries
See all newsMelrose says Garden Grove plant on track to resume operations by fourth quarter
UK's Melrose rises on progress in Garden Grove civil investigation resolution
Brief: Melrose Industries Provides Update On GKN Aerospace's Garden Grove Facility
Melrose Industries - Update on GKN Aerospace's Garden Grove Facility
European shares gain on softer US Iran sanctions, falling oil prices