Rolls-Royce Mulls Funding Options for Reactor Unit, FT Says (1)

Rolls-Royce Holdings Plc has held exploratory talks with advisers over funding options, including an initial public offering, for its small nuclear reactor unit, according to the Financial Times.

The early-stage discussions were with investment houses and banks over the future financing requirements of the business, the FT said, citing people people it didn’t identify. The UK government would want any potential IPO to be in London, which has experienced a dearth of listings in recent years, it added.

A spokesperson for Rolls-Royce SMR, when contacted by Bloomberg News, said the company isn’t planning an IPO for the unit.

The ...