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)
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