Rolls-Royce shares hit 2004 low over mooted US$3b equity raise | Malay Mail

📆 9/21/2020 10:57 PM
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LONDON, Sept 21 — Shares in Rolls-Royce sunk to their lowest level since 2004 after the British aero-engine company confirmed it was considering a rights issue of up to £2.5 billion (RM13.2 billion), following months of speculation about its finances. The company, Britain’s best known...

A man looks at Rolls Royce’s Trent Engine displayed at the Singapore Airshow in Singapore February 11, 2020. — Reuters pic

The company, Britain’s best known engineering name, put out a statement on Saturday in response to media stories, confirming the amount of new equity it could look to raise.

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