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Stock impact report

Rolls-Royce completes sale of parts maker L'Orange to Woodward [Reuters (UK)]

Woodward, Inc. (WWD) 
Last woodward, inc. earnings: 2/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: woodward.com/investors.aspx
Company Research Source: Reuters
Rolls-Royce completes sale of parts maker L'Orange to Woodward | Reuters Reuters Staff 1 Min Read LONDON (Reuters) - Rolls-Royce ( RR.L ) said it had completed the sale of Germany-based diesel parts maker L’Orange to U.S.-based engineering company Woodward Inc ( WWD.O ) with net proceeds totalling 673 million euros (588.33 million pounds). Rolls-Royce sold the business as part of a plan to simplify its operations. The proceeds compared to the 700 million euros sale figure the company gave at the time when the disposal was announced in April. “Net proceeds totalled 673 million euros after transaction costs and other adjustments and included a cash contribution reflecting 2018 trading prior to the date of completion,” Rolls said in a statement on Monday. Reporting by Sarah Young; editing by Kate Holton All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Show less Read more
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