Bloomberg GKN Plc rejected an unsolicited approach from Melrose Industries Plc and said it will split itself in two rather than accept a $9.5 billion takeover offer that it says undervalues the UK maker of aerospace and automotive components. GKN shares surged as much as 28 percent to an all-time high after the Redditch, England-based company, a key supplier to ...

Bloomberg Intel Corp., trying to defuse concern that fixes to widespread chip security vulnerabilities will slow computers, released test results showing that personal computers won’t be affected much and promised more information on servers. The chipmaker published a table of data showing that older processors handled typical tasks 10 percent slower at most, after being updated with security patches. The ...

Bloomberg Rolls-Royce Holdings Plc is seeking to raise as much as $700 million from the sale of a business that makes fuel injectors for diesel engines used in ships and industrial applications, people familiar with the matter said. The UK jet-engine maker began showing L’Orange unit’s financial data to potential bidders in December and is closing in on an agreement, ...