GKN faces renewed fight with 'asset stripper' Melrose

Firm could increase bid for engineering group as concerns grow over impact on UK industryThe hostile battle for control of GKN, one of Britain’s oldest engineering groups, is expected to come to a head this week as it reports annual results, which could prompt an increased bid from Melrose.The aerospace and automotive parts manufacturer is fighting for its life after rejecting a £7.4bn offer from Melrose, a corporate turnaround company that specialises in buying unloved industrial as