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

(Reuters) – 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.

(Reporting by Maria Ponnezhath in Bengaluru; Editing by Pravin Char)