ValueAct Raises Rolls-Royce Stake After Share Price Collapse

  • Activist investor increases holdings to 10.01 percent
  • Rolls-Royce says `in regular contact' with hedge fund

ValueAct Capital Management has increased its stake in Rolls-Royce Holdings Plc above 10 percent, a week after the aircraft-engine maker suffered the biggest drop in its stock price in 15 years because of a revised profit forecast.

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