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Birmingham Post

Business

Hannah Baker

Rolls-Royce shares fall as takeover rumours wear off

RollsRoyce Warren East

Shares in Rolls-Royce fell in early trading on Monday as rumours of a potential takeover bid wore off.

On Friday, March 25, shares at the aerospace giant surged following speculation the owner of Air India was looking to acquire 30 Airbus jets powered by engines built by Rolls-Royce.

There were also rumours of a potential takeover or merger circulating last week, according to the Times .

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