1st Sep 2025 08:17
(Alliance News) - Rolls-Royce Holdings PLC is speaking with advisers about funding options for its small nuclear reactor business, which could include an initial public offer of shares, the Financial Times reported on Saturday.
The London-based manufacturer of jet engines and power turbines is in exploratory talks with investment houses and banks about the funding requirements of the nuclear business, the newspaper said citing "two people familiar with the situation".
Discussions are at an early stage, with the Roll-Royce board not in a rush to make a decision, one of the people told the FT.
The funding need follows Rolls-Royce's selection in June by the UK government to build Britain’s first fleet of small modular reactors.
Rolls-Royce SMR said the company is "not planning for, or in the process of launching an initial public offering", the FT reported.
Rolls-Royce shares were up 1.1% to 1,081.50 pence early Monday in London.
By Tom Waite, Alliance News editor
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