Boeing seeks to raise $19 billion through share sale

by Pelican Press
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Boeing seeks to raise $19 billion through share sale

In an effort to maintain its credit rating, aircraft manufacturer Boeing (BA) plans a $19 billion share sale. The company’s finances are in disarray as the International Association of Machinists and Aerospace Workers’ (IMA) strike nears its seventh week, union workers having voted to reject Boeing’s latest contract proposal last week.

The Morning Brief’s Seana Smith and Brad Smith report on this news and how much the ongoing strike is continuing to cost Boeing.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.



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