Rolls-Royce subject of ‘unlikely’ takeover rumour

[MongiIG]

After Friday’s gains you would be forgiven for believing that FTSE 100 listed aero-engine manufacturer Rolls-Royce was in serious takeover talks, but this is unlikely to be the case.

 

 

 Jeremy Naylor | Writer, London | Publication date: Monday 28 March 2022 

However, as IGTV’s Jeremy Naylor explains, there could be two ways of this happening.

Firstly, its nuclear ambitions, in which the UK government has given its support to the tune of £210 million in grants, would be spun off, or secondly, another UK company – such as. BAE Systems - does the takeover.

Is this likely? Not really, as there is little or no overlap in business interests. Shares in RR have now lost Friday’s gains, but the company remains the most traded on the IG platform.