UK: Investors buy quarter of new B&B shares

Troubled lender Bradford & Bingley today said investors had bought more than one in four of the new shares offered under its £400m (€507.2m) fundraising plans.

UK: Investors buy quarter of new B&B shares
Mon, 18 Aug, 2008 - 08:34

Troubled lender Bradford & Bingley today said investors had bought more than one in four of the new shares offered under its £400m (€507.2m) fundraising plans.

B&B said 27.8% of its new shares had been taken up by investors when the deadline for the rights issue expired on Friday.

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CourtsBusinessHeathrowPlace: UKOrganisation: B&BOrganisation: Bradford & BingleyOrganisation: Halifax Bank of Scotland
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