UPDATE 2-GKN says in talks to sell AgustaWestland stake

Newswire

(Adds details, updates share price) 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 to be worth 800-900 million pounds ($1.41 billion-$1.59 billion) by analysts, some of whom say Finmeccanica could pay more for getting total control. "It is now timely ...

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