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RYCEY

Rolls-Royce

$11.44

0.17 (1.51%)

13:16
01/12/18
01/12
13:16
01/12/18
13:16

Rolls-Royce eyes $700M from L'Orange unit deal, Bloomberg reports

Rolls-Royce Holdings aims to raise as much as $700M from the disposal of its L'Orange unit, which makes fuel injectors for diesel engines used in ships and industrial application, Bloomberg reports, citing people familiar with the plans. Rolls-Royce started showing the business's financial data to potential suitors a month ago and is closing in on a deal, the report says. Interested bidders include private equity firms as well as strategic buyers in the sector, the report says. Reference Link

RYCEY Rolls-Royce
$11.44

0.17 (1.51%)

02/01/17
UBSW
02/01/17
UPGRADE
UBSW
Buy
Rolls-Royce upgraded to Buy from Neutral at UBS
Price target 835p.
12/15/17
DBAB
12/15/17
UPGRADE
DBAB
Hold
Rolls-Royce upgraded to Hold from Sell at Deutsche Bank
Deutsche Bank analyst Milene Kerner upgraded Rolls-Royce to Hold citing valuation.

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