Wartsila could look to sell non-core businesses
Wartsila [HEL:WRT1V], the Finnish power engine group, could be looking to sell businesses that are not core, according to Kauppalehti.
The Finnish-language piece carried an unsourced commentary about the company’s savings programme. The piece said that it is likely that through recent acquisitions, the company has received businesses that are not core.
This implies that Wartsila could seek to sell these businesses. The company is likely to start selling business this spring.
Wartsila has a market cap of EUR 8.9bn.
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