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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Rolls-royce Holdings Plc | LSE:RR. | London | Ordinary Share | GB00B63H8491 | ORD SHS 20P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 11.60 | 2.85% | 418.10 | 416.70 | 417.00 | 416.90 | 408.50 | 412.20 | 13,213,281 | 16:35:24 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Aircraft Engine,engine Parts | 16.49B | 2.41B | 0.2884 | 14.45 | 34.85B |
From May 2019 to May 2024
By Ian Walker
LONDON--Rolls-Royce Holdings PLC (RR.LN) said Tuesday it is selling its Michell Bearings business to British Engines Ltd. for 12.6 million pounds ($19.13 million) in cash, which will be used for working capital requirements.
Subject to license consents, the sale will be completed in the autumn, Rolls said.
"The agreement announced today will allow Rolls-Royce to concentrate on the core areas of our Marine business where we can add most value," Mikael Makinen, Rolls-Royce, President - Marine said.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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