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Rolls-Royce to offload Norwegian maritime engine-making arm

ROLLS-ROYCE has agreed a deal to offload its Norwegian maritime engine-making arm Bergen to British group Langley Holdings for “an enterprise…

United kingdomArgyll and buteCity ofJon erikAnthony langleyLondon stock exchangeMinistry of defenceHerald newsletterBergen enginesஒன்றுபட்டது கிஂக்டம்ஆர்கில் மற்றும் ப்யூட்நகரம் ஆஃப்ஜான் ஏறிக்அந்தோணி லாங்லிலண்டன் ஸ்டாக் பரிமாற்றம்அமைச்சகம் ஆஃப் பாதுகாப்பு

Rolls-Royce in talks with Bain-led consortium over ITP Aero divestment

Rolls-Royce in talks with Bain-led consortium over ITP Aero divestment
flightglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from flightglobal.com Daily Mail and Mail on Sunday newspapers.

Langley holdingsBergen enginesKongsberg maritimeBergen engineலாங்லி ஹோல்டிங்ஸ்பெர்கன் இயந்திரங்கள்கொங்ஸ்பெர்க் கடல்பெர்கன் இயந்திரம்

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

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

United kingdomRoyce holdingsAlliance newsBergen engines to langley holdingsSky newsBergen enginesLangley holdingsAll rightsஒன்றுபட்டது கிஂக்டம்ராய்ஸ் ஹோல்டிங்ஸ்கூட்டணி செய்திவானம் செய்திபெர்கன் இயந்திரங்கள்லாங்லி ஹோல்டிங்ஸ்அனைத்தும் உரிமைகள்

Rolls-Royce signs agreement to sell its Bergen Engines business to Langley Holdings

Rolls-Royce signs agreement to sell its Bergen Engines business to Langley Holdings 7:23 am Rolls-Royce Holdings plc (LON:RR) has signed an agreement to sell its Bergen Engines medium speed liquid fuel and gas engines business to global engineering group Langley Holdings plc for an enterprise value of €63m. Langley is funding the deal, together with working capital requirements for the Bergen business going forward, from existing cash reserves. The agreed sale of Bergen Engines is a part of our ongoing portfolio management to create a more focused group and follows a strategic review of Bergen Engines. It contributes towards our target to generate at least £2bn from disposals, as announced last year. Sale proceeds of €70m from the transaction together with €40m of cash currently held within Bergen Engines which is to be retained by Rolls-Royce, will be used to help rebuild the Rolls-Royce balance sheet in support of our medium-term ambition to return to an

United kingdomArgyll and buteJon erikWarren eastAnthony langleyRoyce holdingsLangley holdingsLangley groupUnited kingdom ministry of defenceRolls royce holdingsBergen enginesUnited kingdom ministryKongsberg maritimeManaging directorஒன்றுபட்டது கிஂக்டம்ஆர்கில் மற்றும் ப்யூட்

London Shares to Open Higher as Traders Eye Economic Data

Provided by Dow Jones FTSE 100 to Open Higher as Traders Eye Economic Data The FTSE 100 is expected to rise at the start of trading as investors look ahead to key data on the U.K. services industry and U.S. labor market. Spreadbetting firm IG sees London s blue-chip index opening 29 points higher. The final July U.K. services purchasing managers index survey is due at 0830 GMT and July s U.S. ADP private payrolls report is at 1215 GMT. The latest U.S. jobs data will give an indication on how fast the U.S. labour market is progressing towards the Federal Reserve s policy goal, and how close we are to the substantial progress that the Fed pursues to trigger the most-apprehended tapering of its massive bond buying program, Swissquote Bank analyst Ipek Ozkardeskaya says.

City ofUnited kingdomMorgan sindallIpek ozkardeskayaSwissquote bankRoyce holdingsKeywords studiosLangley holdingsMorgan sindall groupFederal reserveParker hannifinDow jones company incCompanies newsCult beauty ltdTaylor wimpeyOpen higher