Quelle surprise: Tim Martin's JD Wetherspoon is issuing new stock to raise £141 million ahead of a move to reopen the pub business. Below is the link:
Posts tagged: JD Wetherspoon
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...