UPDATE 2-Premier Inn owner Whitbread's $1.2 bln cash call knocks shares

Shares in Premier Inn owner Whitbread Plc tumbled 16% on Thursday after it said it would seek 1.01 billion pounds ($1.2 billion) in fresh cash from shareholders to help weather the COVID-19 crisis.

from Reuters: New Issues News https://ift.tt/3e6WJJS