News Formal

Dash for emergency cash provokes fund industry backlash

  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

As companies pull the emergency cash cord to help them through the coronavirus crisis, shareholders have been split by an easing of the rules to make it easier for them to turn to investors with the deepest pockets.

FILE PHOTO: An English ten Pound note is seen in an illustration taken March 16, 2016. REUTERS/Phil Noble/Illustration

These allow companies to skip the conventions of investor roadshows, the publication of detailed prospectuses and so-called pre-emption rights, which bestow equal rights on all shareholders to participate in any capital increase. Richard Buxton, head of UK equities at Merian Global Investors, said he proactively encouraged British food and drinks provider SSP to raise cash last month.

“We wanted to get it over and done with, get the issue knocked on the head so the company could stand its corner.”

 

コメントありがとうございます。コメントは審査後に公開されます。

Good one! You have just started a run in the bank! Where is that international sign of recognition icon on twitter?

bars

Good first line...how are the rest of your bars?

nice

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

5 tips to build an emergency fund from scratch, even if you don't have much extra money - Business InsiderJump start your emergency fund savings using cash-back credit cards or bank sign-up bonuses. Then, save automatically each month. SitiaLestari what do you think? 🙃
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Lululemon apologizes for employee promoting offensive T-shirt that provoked backlash online - Business InsiderThe T-shirt was printed with images of bat-winged chopsticks and a takeout box with the words 'No Thank You.' In a caption, the artist said: 'Where did COVID-19 come from? Nothing is certain, but we know a bat was involved.'
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

John & Marilyn Wells Joined By Billy Ray, Mark Gordon & Other Industry Creatives In Raising Money For MPTF Emergency FundWriter, director and former WGA West President John Wells has launched a campaign to raise $500,000 for the MPTF Emergency Fund. Wells and his wife, Marilyn Wells, have put up $250,000 as a matchin…
ソース: DEADLINE - 🏆 109. / 63 続きを読む »

U.S. energy industry steps up lobbying for Fed's emergency aid: lettersThe U.S. energy industry has asked the Federal Reserve to change the terms of a $600 billion lending facility so that oil and gas companies can use the funds to repay their ballooning debts, according to a letter seen by Reuters. Oh I see. My first question would be “how much have you spent on buybacks in the past 10 years?”
ソース: Reuters - 🏆 2. / 97 続きを読む »