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Friday, May 25, 2018

Wärtsilä to Take a Look at Rolls-Royce's Marine Business

Maritime Activity Reports, Inc.

January 31, 2018

(Image: Rolls-Royce)

(Image: Rolls-Royce)

Finland's Wärtsilä said on Wednesday it will take a look at Rolls-Royce's loss-making marine business which the British company is reviewing for possible sale.
 
"If we see any interesting player in the market, who would fit well to our strategy... we would definitely look at it," Wärtsilä Chief Executive Jaakko Eskola told a news conference.
 
"We need to look at what is available there and what is going to be their final plan."
 
The two companies said in 2014 that Rolls-Royce had made an approach to take over Wärtsilä, but those talks ended without a deal.


(Reporting by Tuomas Forsell, writing by Jussi Rosendahl, editing by Terje Solsvik)

 

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