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The aero-engine maker wants to sell 2 billion pounds worth of assets to help repair its balance sheet after the pandemic.
Rolls said after the planned sale to Equitix Investment Management Limited, it would continue to be a 23.5% shareholder in AirTanker Services, which operates the 14 refuelling and transport jets that are mainly used by Britain’s Ministry of Defence.
AirTanker Holdings is a joint venture between Airbus, Babcock, and Thales.
($1 = 0.7234 pounds)