30th Apr 2014 05:35
LONDON (Alliance News) - Rolls-Royce Holdings PLC said late Tuesday that it is in talks with Germany's Siemens AG about a possible sale of its energy gas turbine and compressor business.
In a statement, the British company said the talks are ongoing and it will make a further announcement in due course.
The unit being discussed supplies aero-derivative gas turbines, compressor systems and related services to customers in the oil and gas and power generation sectors.
By Steve McGrath; [email protected]; @SteveMcGrath1
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