Rolls-Royce Launches $933 M Offer For Vickers

Monday, September 20, 1999
British engineer Rolls-Royce Plc launched a surprise $933 million agreed cash offer for Vickers Plc, in a move aimed at making it the global leader in marine power systems. However, the deal prompted concern from some analysts who felt Rolls-Royce may be paying too much merely to bolster its marine propulsion business. Given this focus on marine, Vickers' land-based defense business, which includes battle tanks and armored vehicles, is seen as surplus to requirements and Rolls-Royce Chairman Ralph Robins said that the sale of this division was inevitable.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Voith to Exhibit High Efficiency and DP Systems at SMM

At this year’s SMM in Hamburg, Voith will showcase propulsion systems and vessel concepts focusing on high efficiency and dynamic positioning even under challenging conditions.

Combat Cold Corrosion via Condition Monitoring

Parker Kittiwake explains why frequent condition monitoring is the most effective measure in combating the recent cold corrosion phenomenon The recent trend in

Unified Emissions Monitoring: Turbulo Bluemon

Last month at Posidonia SKF Blohm and Voss Industries launched the Turbulo BlueMon emission monitoring system, a system that is designed to record all emissions on board ships via a single system.

 
 
Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1797 sec (6 req/sec)