Summary
COMPANIES will be able to raise fresh cash from investors in as little as 16 days under changes to the rights issue process unveiled yesterday by the Chancellor.
In his Pre-Budget Report (PBR), Alistair Darling welcomed the feedback from the Rights Issues Review Group, which the Chancellor unveiled in his Mansion House speech in June.See the full content of this document
Extract
Rights Issue Process Cut to As Little As 16 Days
The group - led by Hector Sants, chief exectuive of the Financial Services Authority,...
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