Britain eases capital raising rules to aid firms during crisis
Share:
LONDON (Reuters) - Britain's markets watchdog set out temporary measures on Wednesday to help companies raise cash quickly to weather the coronavirus pandemic that has shuttered much of the economy.The Financial Conduct Authority (FCA) said it was likely that many companies will turn to capital markets to raise money to support the recovery to come.Under Britain's lockdown, no more than two people can meet, making it far harder to obtain shareholder approval for a transaction under existing..