Rolls-Royce Holdings plans to raise about 2 billion pounds ($ 2.58 billion) from investors, in an effort to strengthen its budget.
According to Reuters, the Financial Times revealed in a report, that the British aircraft engine industry group intends to proceed with collecting liquidity without the participation of sovereign wealth funds, including LG. Singapore IC.
and the company said last week that a final decision has not yet been issued regarding setting aside shares for potential investors, including any sovereign wealth funds, and that it is still looking into the various financing options available. .
> Earlier, media outlets said that the company had ended its talks with sovereign funds in Kuwait and Singapore following opposition from its current shareholders.
The company has been reviewing its financing options a few months ago, after it was hit by travel restrictions imposed to contain the Covid-19 pandemic.
Rolls-Royce canceled at least 9,000 jobs in May, mostly in civil air transport, due to reduced travel traffic, and last month it revealed plans to sell its unit Spanish ITB Aero and other origins.
The company has not yet responded to a Reuters request for comment.