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Name | Symbol | Market | Type |
---|---|---|---|
Rolls Royce Holdings PLC (PK) | USOTC:RYCEY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.01 | 0.14% | 7.27 | 7.13 | 7.43 | 7.30 | 7.12 | 7.13 | 1,651,013 | 22:00:01 |
--Reaction Engines, a U.K. aerospace company backed by Rolls-Royce Holdings PLC and Boeing Co., is planning a path to a listing in London potentially as early as 2024, Sky News reports.
--The Oxfordshire-based company expects a listing that could value it at between one billion and two billion pounds ($1.18 billion-$2.36 billion), Sky News reports, citing a presentation to investors.
--Reaction, which employs more than 200 people in the U.K. and Colorado, has told shareholders it plans to raise pre-initial-public-offering funding in around 18 months, to pave the way for the public sale of shares, Sky News reports.
Full story: https://bit.ly/3cep1a5
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
August 25, 2022 02:14 ET (06:14 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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