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BottomBounce

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Re: Norton1973 post# 22

Tuesday, 03/30/2021 7:21:00 PM

Tuesday, March 30, 2021 7:21:00 PM

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$RYCEF Rolls-Royce Holdings PLC is in talks with Spanish aerospace group Aciturri Aeronautica to sell ITP Aero, one of its largest subsidiaries, Sky News reports.

--Aciturri is plotting a 1.5 billion-pound ($2.06 billion) bid for the business, which makes aero engines and turbines, Sky News reports.

--Additional prospective bidders are likely to include buyout firms Carlyle and KKR, and Spanish aerospace group Aernnova, according to Sky News.

https://news.sky.com/story/spanish-aerospace-group-aciturri-plots-1-5bn-bid-for-rolls-royce-wing-itp-aero-12257260

Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.

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