OtherSeptember 9 at 03:06 AM

Goodwin (GDWN LN) confirms that it is in advanced talks with Cerberus for GBP 1.1bln for the sale of its Mechanical Engineering unit; Discussions are ongoing and there can be no certainty that a transaction will be entered into, nor as to its terms.

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Goodwin confirmed advanced GBP 1.1bln talks with Cerberus to sell its Mechanical Engineering unit, though terms remain unfinalized and subject to potential regulatory review.

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Goodwin (GDWN LN) confirms that it is in advanced talks with Cerberus for GBP 1.1bln for the sale of its Mechanical Engineering unit; Discussions are ongoing and there can be no certainty that a transaction will be entered into, nor as to its terms.

What do investors think?

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