Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the merits of the final terms of the bid submitted by Melrose for GKN in response to his request for post-offer undertakings.

The merits of the takeover bid by Melrose were primarily a matter for the GKN shareholders although the Government has closely monitored the situation since the bid was first announced.

Melrose has offered a number of post-offer undertakings under the Takeover Code and commitments directly to my right hon. Friend the Secretary of State for Business, Energy and Industrial Strategy.

Now that shareholders have made their decision, the Government is considering whether the takeover in its proposed final form gives rise to public interest concerns.