Kuwait Investment Office is in talks to take an opportunistic stake at Rolls-Royce
September 25, 2020
According to an article published by Sky News, Kuwait Investment Office (KIO) is in negotiations to acquire £250 million worth of shares at Rolls-Royce. The article reports that the Covid-19 pandemic has put Rolls-Royce’s balance sheet under stress, and KIO is in talks to make an opportunistic investment into one of Britain’s most important industrial groups.
Read the original article on Sky News: Kuwait’s state fund in talks to take stake in struggling Rolls-Royce