Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Rolls-Royce sells Bergen Engines for 150 mln euros to Russia's TMH

Thu, 04th Feb 2021 10:23

LONDON, Feb 4 (Reuters) - Britain's Rolls-Royce said
it agreed to sell its Bergen Engines unit to Russia-based TMH
Group for 150 million euros ($180 million), making initial
progress with a disposal plan aimed at helping it survive the
pandemic.

The aero engines-maker is aiming to raise 2 billion pounds
in total from asset sales, and the disposal of Norwegian-based
Bergen announced on Thursday follows that of another small
business, its civil nuclear instrumentation unit, last December.

($1 = 0.8342 euros)
(Reporting by Sarah Young; editing by Michael Holden)

Related Shares

More News
12 Jun 2024 11:12

Sweden's Vattenfall shortlists Rolls-Royce, GE Hitachi for small nuclear reactors

OSLO, June 12 (Reuters) - Sweden's Vattenfall has shortlisted Britain's Rolls-Royce SMR and U.S. group GE Hitachi Nuclear Energy for the potential c...

10 Jun 2024 12:50

Cognizant to acquire Belcan for $1.3 billion

June 10 (Reuters) - Information technology services provider Cognizant Technologies said on Monday it has agreed to acquire digital engineering firm...

30 May 2024 18:03

Directors dealings: Rolls-Royce non-exec picks up shares near record highs

(Sharecast News) - Rolls-Royce non-executive director Dame Angela Strank picked up some shares in the engineer as its shares hit a fresh record high.

24 May 2024 13:50

Families of Marines killed in 2022 Osprey crash sue Bell Textron, Boeing, Rolls Royce -Axios

WASHINGTON, May 24 (Reuters) - -- Source link: https://tinyurl.com/rpc2zdfr

23 May 2024 16:46

London close: Stocks slip on UK election, US jobless claims

(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.

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.