Rolls-Royce plans to raise about 2.5 billion pounds – FT


© Reuters. FILE PHOTO: A man looks at Rolls Royce’s Trent Engine displayed at the Singapore Airshow in Singapore

(Reuters) – Rolls-Royce Holdings Plc (L:) is looking to raise around 2.5 billion pounds from investors and is in talks with sovereign wealth funds, including Singapore’s GIC, the Financial Times reported on Saturday.

The British aero-engine group is planning to launch the equity raise in the first weeks of October, the report said.

Rolls-Royce and GIC did not immediately respond to Reuters requests for comment.

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