Goodwin Eyes Defence Sale as London's Financial Clout Grows

Goodwin, the Stoke-on-Trent engineering firm, has put a "substantial part" of its mechanical engineering division up for review, and the market is already pricing in a premium. Shares jumped ~10% on Friday after Rothschild was brought in to advise on options, with several defence-focused buyers reportedly circling. The unit supplies critical components for the Dreadnought nuclear submarine and Type 26 frigate programmes — exactly the kind of strategic asset that...