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Rolls-Royce Plans To Raise About 2.5 Billion Stg - FT

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Rolls-Royce Holdings Plc is looking to raise around 2.5 billion pounds ($3.2 billion) 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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