Rolls-Royce Explores Strategic Options for Nuclear Power Unit

Shares in Rolls-Royce saw notable upward momentum in Monday’s trading session following a report from the Financial Times indicating the company is evaluating various financing avenues for its Small Modular Reactor (SMR) division. A potential initial public offering (IPO) for the unit is reportedly among the primary options under consideration.

According to weekend reports, the British engineering giant has initiated preliminary discussions with investment banks to assess the strategic future Read more...