Vickers on track to buy GKN Defence From: The Independent - London | Date: November 3, 1997| Author: Chris Godsmark, Business Correspondent | Copyright 1997 The Independent - London. Provided by ProQuest LLC.Copyright information

Vickers, the defence and engineering group, looks set to buy GKN's armoured vehicle business within weeks, raising the prospect of further job cuts in both companies. As Chris Godsmark, Business Correspondent, reports, Vickers is also to embark on a pounds 100m expansion of its marine engines business.

Fresh from its decision to hoist a for-sale sign over Rolls-Royce Motors, the luxury car maker, Vickers is expected to conclude discussions by the end of the year to buy GKN Defence, the...

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