Barclay's Investors Snub £4.5bn fundraising
(telegraph.co.uk)Search
2008-07-18
The bulk of Barclays shareholders have snubbed the bank's £4.5bn share issue, leaving a group of sovereign wealth funds and key institutional investors to shoulder the programme.
Barclays today revealed that shareholders bought just 19pc of new shares issued by the bank, ensuring the Qatar Investment Authority becomes its principal investor with about 6pc of total equity.
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