Rolls-Royce deepens restructuring, may sell marine unit

Rolls-Royce, the British maker of engines, announced further restructuring Wednesday that could result in the sale of its commercial marine business. "Building on our actions over the past two years, this further simplification of our business means Rolls-Royce will be tightly focused into three operating businesses," chief executive Warren East said in a statement.
The company that makes power systems for use on land, at sea and in the air said it would study strategic options for its commercial marine operation, while reducing Rolls' businesses from five to three core units based around civil aerospace, defence and power systems.