Rolls-Royce Confirms Siemens Talks

Rolls-Royce confirmed it is in negotiations with Siemens regarding the sale of its Energy gas turbine and compressor business.

The company’s Energy gas turbine and compressor business supplies aero-derivative gas turbines, compressor systems and related services to customers in the oil and gas and power generation sectors.

These talks have not concluded and we will make a further announcement in due course,” Rolls-Royce said in a statement.

Press Release, April 30, 2014; Image: Rolls-Royce

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