You are here

Rolls-Royce CEO ends M&A speculation

Shares up as engine maker opts for £1b share buyback
Tuesday, June 24, 2014 - 06:00

[LONDON] Rolls-Royce Holdings plc, the second biggest manufacturer of jetliner engines, signalled that it is ready to sit out a boom in industrial mergers, opting instead for a £1 billion (S$2.1 billion) share buyback.Rolls-Royce shares rose the most in almost two years after chief executive

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom