Wartsila may get another offer from Rolls-Royce
Wartsila, the Finnish power engine company, could get another offer from Rolls-Royce, according to Helsingin Sanomat. The Finnish language paper cited Pekka Spolander, an analyst from Pohjola Bank, who said that despite the fact that Wartsila had rejected the bid by the British company, Rolls-Royce could make a higher bid.
He added that there may well be a price the seller is keen to accept. He said that Wartsila represents a chance to grow for Rolls-Royce, according to the report. It was reported yesterday that Rolls-Royce had made an offer to buy Wartsila’s ship power unit.
Meanwhile, the Finnish newspaper Kauppalehti cited an analyst named Jari Harjunpaa from Pareto who said that it is likely Rolls-Royce had made an offer for the whole company, not just the marine unit because the company’s other businesses are strongly tied together.
Source Helsingin Sanomat, Kauppalehti