Rolls-Royce wins approval for ITP acquisition

Rolls-Royce has secured the authorizations it needs to acquire the remaining 53.1% of Industria de Turbo Propulsores (ITP) from Spanish engineering and construction firm Sener Grupo de Ingeniería. ITP is a joint venture between Rolls-Royce (46.9%) and Sener (53.1%), which was created in 1989. The JV...

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