Melrose Industries is trading 10.43% up now at £510.20 after U.S. prosecutors closed the criminal investigation into GKN Aerospace’s Garden Grove incident without charges.
- GKN is targeting September 28, 2026, to resume full manufacturing, with customer deliveries expected during the fourth quarter.
- The company announced a claims program of up to $100 million for affected residents and businesses.
- Shares sharply outperformed a broadly muted market on August 25, 2026, reflecting reduced legal uncertainty and increased confidence in the recovery timeline.