Rolls-Royce to sell ITP Aero to Bain Capital-led consortium for €1.7bn
British engineering company Rolls-Royce has agreed to divest ITP Aero, a Spanish aero engine and gas turbine manufacturer, to a consortium of investors led by Bain Capital Private Equity for nearly €1.7 billion. Apart from Bain Capital, the consortium includes interests to be held by Spanish co-investors JB Capital and SAPA. ITP Aero is an […]