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    Goodwin sells defence unit to Cerberus for £1.1 billion

    1 week ago

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    British engineering firm Goodwin has agreed to sell parts of its business, which supplies components for submarines and naval vessels, to private equity firm Cerberus for £1.1 billion. The deal is expected to complete in the first quarter of next year, pending regulatory approval. Goodwin aims to reposition its business and enhance shareholder value.
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