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Goodwin (GDWN) in advanced talks to sell Mechanical Engineering parts

Goodwin said it is in advanced talks with Cerberus Capital Management to sell parts of its Mechanical Engineering division in a deal valued at £1.1 billion ($1.49 billion).

GDWN

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07:08:42 AM UTC
SquawkNews
Britain's Goodwin LSE:GDWN 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)

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