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Market report: Rolls-Royce flogs technology unit as streamlining continues in otherwise quiet start to trading week

Aero-engine maker Rolls-Royce (RR.) is selling its fuel injection technology firm L'Orange to America's Woodward in a £610m deal, the company confirms on Monday. The sale is expected to be complete by the end of this year's second quarter and continues the ongoing streamlining of the business under chief executive officer (CEO) Warren East, who used to run UK chip design champion ARM ...
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