Boeing to raise up to $19bn amid costly strike and safety crisis
by Jasper Jolly from World news | The Guardian on (#6RSTS)
US manufacturer, which recently disclosed plan to cut 17,000 jobs, seeks to shore up balance sheet
Boeing has announced moves to raise as much as $19bn (14.6bn) as it tries to shore up its finances amid a costly worker strike and an ongoing crisis about the safety of its aeroplanes.
The US manufacturer said on Monday it would sell 90m common shares, raising about $14bn, plus another $5bn in depositary shares.
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