GKN plc
1. Title of report: Guest, Keen and Nettlefolds plc and AE plc (MMC - Cmnd 9199)
2. Date of report: 17 February 1984 Published: 21 March 1984
3. Orders: N/A
4. Date of original undertakings: 6 August 1984
5. Companies giving undertakings: GKN plc
(formerly Guest, Keen and Nettlefolds plc)
6. Details of undertakings: Undertakings not to acquire
(i) Not to acquire any part of the equity share capital of AE or any interest in such equity share capital.
(ii) Not to hold or have an interest in more than 10 per cent of the equity share capital of AE or of any of its subsidiaries so long as the enterprises of AE or any of its subsidiaries include an overlap enterprise or if such an enterprise uses a material part of the assets of AE of its subsidiaries.
(iii) Not to acquire any enterprise of or any material part of the assets of AE save for the undertaking or assets of any non-overlap enterprise.
7. Date of amendments: N/A
8. SIC code: 29.14 (Manufacture of engine components)
34.30 (Manufacture of replacement car parts)
50.30 (Wholesale of replacement car parts)
Back to: Mergers undertakings
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