Business
Rolls-Royce Buys Firm: Rolls-Royce PLC said it will acquire Northern Engineering Industries PLC in a deal that values the British maker of electrical generating equipment at about $520 million.
April 11, 1989
Rolls-Royce PLC, London, named Deputy Chairman Sir Ralph Robins its first chief executive, a position created to provide coordination of its aerospace and industrial divisions, which arose out of the purchase of Northern Engineering Industries.
Dec. 20, 1990
Rolls-Royce PLC said today that it will acquire Northern Engineering Industries PLC in a deal that values the British maker of electrical generating equipment at about $520 million.
April 10, 1989
Autos
Autos: Despite opposition voiced by some small investors, shareholders vote to sell firm to Germany’s Volkswagen.
June 6, 1998
Rolls-Royce PLC’s profit climbed 12% to $247 million for 1987, the year the airplane engine maker was privatized by the British government.
March 25, 1988
BMW Mulls Buying Rolls-Royce: Germany’s BMW is interested in buying Britain’s troubled prestige car maker Rolls-Royce, a British newspaper said.
July 13, 1992
British aircraft engine maker Rolls-Royce PLC, riding the crest of an unprecedented wave of new aircraft orders, said today that profits for the first half of 1989 soared by 60% over the same period last year.
Sept. 14, 1989
Rolls-Royce PLC said Trans World Airlines has chosen its most powerful long-haul engine to power recently ordered Airbus A-330 airliners in a deal worth more than $620 million.
June 22, 1989
World & Nation
British manufacturer Rolls-Royce PLC said today that California-based International Lease Finance Corp. has agreed to buy aircraft engines worth $200 million.
June 13, 1989
Cooper Rolls Inc., an equally owned joint venture of Cooper Industries Inc. and Rolls-Royce PLC of London, has been awarded a contract valued at more than $175 million by Aramco Services Co. on behalf of Saudi Arabian Oil Co.
Aug. 18, 1989