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GDWN — Goodwin News Story

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UK's Goodwin in talks to sell parts of unit in $1.5 billion deal

UK's Goodwin in talks to sell parts of unit in $1.5 billion deal

- Britain's Goodwin GDWN.L said on Wednesday it was in advanced talks with U.S.-based private equity firm Cerberus Capital Management to sell parts of its Mechanical Engineering division in a deal valued at £1.1 billion ($1.49 billion).


($1 = 0.7376 pounds)


(Reporting by Nithyashree R B in Bengaluru; Editing by Sherry Jacob-Phillips)

((NithyashreeRB@thomsonreuters.com))

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