UK's Goodwin gains on confirming talks for unit with Cerberus
BUZZ-UK's Goodwin gains on confirming talks for unit with Cerberus ** Shares in Goodwin GDWN.L up 2.1% at 15,760p
** British engineering company confirms talks with U.S. private equity firm Cerberus for sale of parts of its mechanical engineering business for up to £1.1 billion ($1.49 billion)
** GDWN down ~25% 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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UK's Goodwin falls on $1.49 billion deal to sell unit to Cerberus
Brief: Goodwin To Sell Mechanical Engineering Division To Cerebrus Capital For £1.10 Billion
Brief: Goodwin Says In Advanced Talks To Sell Mechanical Engineering Division For Up To £1.10 Bln
Deals of the day -Mergers and acquisitions