Melrose’s GKN pledges read like Greg Clark invented them to look bold | Nils Pratley

The takeover firm merely vowed to do things it would have done anyway after the minister’s interventionGreg Clark is awake after all. The business secretary has declared – about eight weeks after he could have acted – that it would be a fine thing if we knew more about how Melrose would manage GKN if its £8bn bid succeeds.The result is five legally binding commitments from Melrose and one voluntary offer – a pledge to keep GKN’s aerospace division, the most se