By Alexander Bueso
Date: Tuesday 02 Aug 2022
LONDON (ShareCast) - (Sharecast News) - Rolls Royce will sell Spanish jet engine maker ITP Aero to US private equity outfit Bain Capital and Spanish aerospace company Sener for €1.6bn.
According to Spanish financial daily Expansion, the decision was taken after Madrid and authorities in the Basque autonomous region expressed a preference for the US firm's offer.
Bain was now also reportedly preparing to sign a two-month agreement with Rolls Royce to hold exclusive talks.
As part of the deal, Sener, whose headquarters were also located in the Basque country, would participate in Bain's offer.
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Currency | UK Pounds |
Share Price | 453.40p |
Change Today | 2.40p |
% Change | 0.53 % |
52 Week High | 457.20p |
52 Week Low | 145.20p |
Volume | 44,051,025 |
Shares Issued | 8,417m |
Market Cap | £38,161m |
RiskGrade | 377 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 6 |
Buy | 7 |
Neutral | 3 |
Sell | 0 |
Strong Sell | 1 |
Total | 17 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 24-Oct-19 | 25-Apr-19 |
Paid | 03-Jan-20 | 01-Jul-19 |
Amount | 4.60p | 7.10p |
Time | Volume / Share Price |
16:46 | 2,190,505 @ 453.40p |
16:45 | 2,190,505 @ 453.40p |
16:51 | 5,553 @ 453.40p |
16:51 | 5,553 @ 453.40p |
16:41 | 31,899 @ 453.40p |
Chair | Anita Frew |
CEO | Tufan Erginbilgic |
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