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GDWN — Goodwin News Story

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IndustrialsSpeculativeMid CapFalling Star

UK's Goodwin rises on potential sale of mechanical engineering division

BUZZ-UK's Goodwin rises on potential sale of mechanical engineering division

** Shares of Goodwin GDWN.L jump 7.2% to £201.5

** The mechanical engineering company launches strategic review to consider options to maximise shareholder value

** Review includes potential sale of a substantial part of its Mechanical Engineering businesses

** Business within scope include Goodwin Steel Castings (GSC), Goodwin International (GI), Noreva, Easat and Goodwin Pumps

** YTD, the stock down ~12%


(Reporting by Krisha Bhatt in Bengaluru)

((krisha.bhatt@thomsonreuters.com))

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