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U.K. Judge Approves Rolls-Royce Deal Over Bribery Since 1989

  • Rolls-Royce allegations outlined in 12-count indictment
  • Company to pay 510 million pounds under terms of settlement
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A U.K. judge approved a 510 million-pound ($630 million) settlement between Rolls-Royce Holdings Plc and U.K. prosecutors, resolving a bribery probe spanning three decades of misconduct at the jet-engine maker.

Judge Brian Leveson granted the so-called deferred prosecution agreement in a London court Tuesday. The DPA means the company avoids prosecution as long as it abides by the terms of the settlement, which includes the fine and assisting in the prosecution of any individuals.