Rolls-Royce Holdings Gets Approach for ITP Aero From Indra
June 14 2019 - 8:47AM
Dow Jones News
By Adria Calatayud
Rolls-Royce Holdings PLC (RR.LN) said Friday that it has
received a preliminary approach for its Spanish subsidiary ITP Aero
from Indra Sistemas SA (IDR.MC).
The British engine maker said Indra has shown interest in
acquiring a majority stake in ITP Aero. There is no certainty that
the companies will reach an agreement, Rolls-Royce said.
Rolls-Royce said it intends to retain a long-term relationship
with ITP Aero across its civil aerospace and defense programs.
Write to Adria Calatayud at
adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
June 14, 2019 08:32 ET (12:32 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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