MARKET REPORT: Hiscox raises £375m to ride out Covid-19 storm
Investors cheered as Hiscox netted £375million by selling new stock to help ride out the coronavirus crisis. The Lloyd’s of London insurer was one of the top risers on the FTSE 250 after placing the 57.6m shares, priced at 650p. This was 6 per cent cheaper than its share price the day before the fundraising … Read more