Brief: Goodwin To Sell Mechanical Engineering Division To Cerebrus Capital For £1.10 Billion
09/09/2026 11:44
BRIEF-Goodwin To Sell Mechanical Engineering Division To Cerebrus Capital For £1.10 Billion Sept 9 (Reuters) - Goodwin PLC GDWN.L:
GOODWIN PLC CERBERUS CAPITAL M - SALE OF MECHANICAL ENGINEERING DIVISION
GOODWIN - DEAL VALUED AT UP TO £1.10 BILLION CASH
GOODWIN - DEAL EXPECTED TO COMPLETE IN Q1 2027
GOODWIN - INTENDS TO PAY SIGNIFICANT PROPORTION OF SALE PROCEEDS TO SHAREHOLDERS
GOODWIN - REFRACTORY ENGINEERING AND TECHNOLOGICAL DIVISIONS TO REMAIN WITH GOODWIN
GOODWIN - ADAM DEETH AND ANTHONY THOMAS TO STEP DOWN AS DIRECTORS UPON COMPLETION
Source text: ID:nRSI0128Ua
Further company coverage: GDWN.L
((Reuters.Briefs@thomsonreuters.com;))
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