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GDWN — Goodwin News Story

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UK's Goodwin falls on $1.49 billion deal to sell unit to Cerberus

BUZZ-UK's Goodwin falls on $1.49 billion deal to sell unit to Cerberus

Updates

** Shares in Goodwin GDWN.L down 3.5% at £149.00

** British engineering company to sell parts of its mechanical engineering division that houses its defence assets for £1.1 billion ($1.49 billion) to U.S.-based private equity firm Cerberus Capital

** GDWN down ~28% so far this year


($1 = 0.7376 pounds)


(Reporting by Prerna Bedi in Bengaluru)

((Prerna.Bedi@thomsonreuters.com ; +91 98052 24616))

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