What I’d do about Rolls-Royce Holdings shares now

what id do about rolls royce holdings shares now

Sumary of What I’d do about Rolls-Royce Holdings shares now:

  • A setback for Rolls-Royce Holdings shares On 4 February, the company announced the proposed sale of its Norway-based Bergen Engines business because the enterprise is a non-core activity..
  • The reason is that Norway is a member of NATO and its navy and coast guard forces use Bergen-built power plants..
  • However, in an announcement on 23 March, Rolls-Royce said it had “followed the appropriate process in contacting the authorities in advance of the announcement of the sale.”.
  • Of course, what Rolls-Royce needs now is a full ramp-up in engine flying hours to really gain traction with its recovery….

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