KM Financial Solutions | UPDATE 1-Rolls-Royce sells parts maker L’Orange to Woodward for 700 mln euros
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UPDATE 1-Rolls-Royce sells parts maker L’Orange to Woodward for 700 mln euros

UPDATE 1-Rolls-Royce sells parts maker L’Orange to Woodward for 700 mln euros

LONDON, April 9 (Reuters) – Britain’s Rolls-Royce
said it had agreed to sell its Germany-based diesel parts maker
L’Orange to U.S.-based engineering company Woodward Inc
for 700 million euros ($859 million), as part of a plan to
simplify its business.

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