Kongsberg buys Rolls-Royce Commercial Marine

Kongsberg CEO Geir Håøy (right) and Tristan Halford-Maw, Deputy Director, M&A Rolls-Royce

Rolls-Royce has announced that it has signed an agreement to sell its Commercial Marine business, to Kongsberg, for an enterprise value of £500m and net proceeds of around £350m to £400m.

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