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Melrose's GKN Aerospace reaches $125m settlement for Garden Grove incident

By Michele Maatouk

Date: Tuesday 13 Oct 2026

(Sharecast News) - Melrose Industries shot higher on Tuesday as it said its GKN Aerospace unit had reached a $125m settlement with authorities in California over a chemical incident at its Garden Grove facility in May, and that it continues to expect a phased return to full capacity at the site...

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