Indra in Talks with Rolls-Royce to Acquire Majority Shareholding in Industria de Turbo Propulsores, S.A.U. (ITP)

Indra has confirmed that conversations are being held with Rolls-Royce aimed at exploring the potential acquisition by Indra of a majority shareholding in Industria de Turbo Propulsores, S.A.U. (ITP).

“Indra has not adopted any decision in this regard and it cannot be determined at this date whether such ongoing conversations will lead to the adoption of a definitive decision and the execution of a binding agreement with Rolls-Royce”, said a company statement.

“In its ordinary course of business Indra analyses on a regular basis different arising investment opportunities in order to expand and maximize its resources and results”, the statement added.

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