So, Compass has effectively confirmed it IS carrying out a cash call. Below is the link to this morning's statement:
Posts tagged: Compass
There is talk circulating the London market that one of Britain's biggest companies is set to launch a large cash call.
Reliable people familiar with the matter said the mystery company, thought to be in the FTSE 100 index, said the equity capital fundraising could be imminent.
However, it's not clear which blue chip company is going to kick off the rights issue or placing. If you think you have an idea, do get in touch via the usual channels, such as firstname.lastname@example.org...
Betaville is in a bit of a grump.
Now, you might ask why given what's going on in the world. Well, yes, that's fair enough - there are more important things happening in the world than the daily cut and thrust of unveiling the secret deals going down in the City of London...