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Melrose reviewing shareholder returns as markets tumble on Ukraine crisis

By Reuters

– Jet and automotive parts supplier Melrose Industries said on Thursday it was reviewing the timing of its returns to shareholders as global markets reel from the impact of Ukraine crisis.

The British company also said it was taking steps to ensure minimal disruption to its supply chain from the conflict, and that its GKN Aerospace unit continues to expect civil aviation recovery in 2022 despite the crisis.