Indra confirms that conversations are being held with Rolls-Royce aimed at exploring the potential acquisition by Indra of a majority shareholding in Industria de Turbo Propulsores, S.A.U. (ITP).
Indra has not adopted any decision in this regard and it cannot be determined at this date whether such ongoing conversations will lead to the adoption of a definitive decision and the execution of a binding agreement with Rolls-Royce.
In its ordinary course of business Indra analyses on a regular basis different arising investment opportunities in order to expand and maximize its resources and results.
About Indra
Indra (www.indracompany.com) is one of the leading global technology and consulting companies and the technological partner for core business operations of its customers world-wide. It is a world-leader in providing proprietary solutions in specific segments in Transport and Defense markets, and a leading firm in Digital Transformation Consultancy and Information Technologies in Spain and Latin America through its affiliate Minsait. Its business model is based on a comprehensive range of proprietary products, with an end-to-end, high-value focus and with a high innovation component. In the 2018 financial year, Indra achieved revenue of €3.104 billion, with 43,000 employees, a local presence in 46 countries and business operations in over 140 countries.
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