Invensys swerves rights issue


Invensys was one of a host of names, including BA, Rolls
Royce and ICI, that were widely rumoured to be planning rights issues in the first quarter of 2002, due to liquidity pressures. However, of these names only ICI has tapped the market to date, with a £808 million deal, and the rush by companies to increase their share capital seems to have subsided as many have reassessed their strategies.

Rick Haythornthwaite, chief executive of Invensys, dismissed speculation that the engineering group

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here