Rolls-Royce will consider selling its commercial marine business as chief executive Warren East launches the strategic phase of the blue-chip engineers two-year restructuring.
Mr East said he was looking at the strategic options for the division as part of a wider shake-up that will reduce the number of divisions from five to three.
People with knowledge of the situation said Rolls-Royce was prepared to sell the business if suitable offers emerged.
Mr East said the actions were designed to align our business more closely with our strategic vision to pioneer cutting-edge technologies that deliver vital power.
He added the…
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