Norway Suspends Rolls-Royce’s Sale of Bergen Engines on National Security Grounds

Home Community Industry News Norway Suspends Rolls-Royce’s Sale of Bergen Engines on National Security Grounds

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    Greensea Systems
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    Reuters

    By Terje Solsvik and Kate Holton

    OSLO/LONDON, March 9 (Reuters) – Norway has suspended a planned asset sale by engine maker Rolls-Royce Holdings Plc to a Russian-controlled company as it assesses the security implications for the country’s navy, the justice ministry said on Tuesday.

    Norway’s NSM security agency is assessing the 150 million-euro ($178 million) sale of Bergen Engines to a company controlled by Russia’s TMH Group, the ministry said.

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