UPDATE 1-GKN says in talks on AgustaWestland stake sale

Newswire

(Adds quotes, details, shares) LONDON, May 20 (Reuters) - British engineering firm GKN said on Thursday it was in talks to pull out of helicopter maker AgustaWestland by selling its half stake to Italian partner Finmeccanica . GKN's stake in the world's second largest helicopter maker by revenues has been estimated at 800-900 million pounds ($1.41 billion-$1.59 billion) by analysts, some of whom say Finmeccanica could pay more as the deal would give it total control. "It is now timely ...

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