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UK's Goodwin in $1.5 billion deal talks with Cerberus to sell some defence assets

Source: reuters.com

M&A & RestructuringInfrastructure & DefensePrivate Markets & Venture
UK's Goodwin in $1.5 billion deal talks with Cerberus to sell some defence assets

Goodwin is in advanced talks to sell parts of its division containing defence assets to U.S. private-equity firm Cerberus Capital for £1.1 billion ($1.49 billion). The potential transaction represents a significant portfolio restructuring and private-equity investment in UK defence-related assets.

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