There's still time to register for tomorrow's webinar which is sponsored by PrimaryBid, featuring Zephyr Energy (ZPHR), SpectrumX, Scirocco Energy (SCIR) and Power Metal Resources (POW). Sign up here.

Less Ads, More Data, More Tools Register for FREE

PRESS: Rolls-Royce to sell Bergen Engines to Langley - Sky News

Tue, 3rd Aug 2021 21:43

(Alliance News) - Rolls-Royce Holdings PLC has picked a UK government contractor as the preferred bidder for its maritime engine manufacturing arm after an earlier sale to a Russian group was vetoed by Norwegian politicians, Sky News reported on Tuesday.

According to Sky, Rolls-Royce is trying to finalise the sale of Bergen Engines to Langley Holdings, a Nottinghamshire-based industrial conglomerate, ahead of its half-year results on Thursday and is in advanced stages of the negotiations.

The stock closed down 0.3% at 103.14 pence in London on Tuesday.

https://news.sky.com/story/rolls-royce-picks-british-bidder-for-marine-arm-bergen-after-norwegian-state-veto-12371559

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related Shares

More News

Travel stocks jump as US set to relax rules for jabbed EU, UK passengers

(Sharecast News) - Travel stocks surged on Monday afternoon as it emerged that vaccinated passengers will be able to travel to the US from the EU and UK from November onwards.

Today 15:07

Sunday newspaper round-up: Breast cancer, Food shortages, IAG

(Sharecast News) - The trial of a new drug to treat an aggressive form of breast cancer has "shattered expectations" raising hopes of a "cure", according to its maker, AstraZeneca. The British pharmaceuticals company said three quarters of women in the trial of its new drug, Enhertu, had shown no progression in their disease after 12 months compared with just a third treated with a different medicine. - Sunday Times

19 Sep 21 14:30

LONDON MARKET MIDDAY: FTSE 100 loses early gain despite travel boost

LONDON MARKET MIDDAY: FTSE 100 loses early gain despite travel boost

17 Sep 21 12:10

LONDON MARKET CLOSE: Stocks up; airlines fly higher on sector optimism

LONDON MARKET CLOSE: Stocks up; airlines fly higher on sector optimism

16 Sep 21 16:59

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.