LONDON, May 10 (Reuters) - British engineering company
Rolls-Royce has put its Norwegian maritime engine unit
Bergen back on the block, less than two months after Norway
blocked a previous deal for it to be bought by a Russian
company.
"The sale process has restarted," a source close to the
matter said on Monday.
Norway in March stopped Rolls-Royce from selling Bergen for
150 million euros to a company controlled by Russia's TMH Group
on national security grounds, in a blow to the British company's
disposal programme.
Rolls-Royce is aiming to raise 2 billion pounds ($2.82
billion) from disposals by 2022 as part of plans to repair
finances which have been battered by the pandemic, as airlines
stopped flying during the pandemic.
The sale of Bergen is now underway at the same time as the
sale of Rolls's Spanish unit ITP Aero, which the company hopes
will go for up to 1.5 billion euros.
Rolls-Royce could provide more details of the two sale
processes on Thursday when it publishes a trading update ahead
of its annual general meeting on the same day.
($1 = 0.7092 pounds)
(Reporting by Sarah Young, Editing by Paul Sandle)