Aerojet Rocketdyne up after report on General Electric, L3Harris vying for co

Aerojet Rocketdyne Holdings

30/11/2022 17:15

** Shares of rocket maker Aerojet Rocketdyne Holdings
 AJRD.N  up ~6% to $52.94, on track for best day since Dec 2020 
    ** General Electric Co  GE.N , L3Harris Technologies Inc
 LHX.N  are among those competing to acquire AJRD, according to
people familiar with the matter
    ** Textron Inc  TXT.N , private equity firm Veritas Capital
are also vying to acquire El Segundo, California-based co
    ** YTD, AJRD up ~18%
 (Reporting by Nathan Gomes in Bengaluru)
 ((Nathan.Gomes@thomsonreuters.com;))