Barclays Investors Approve Shareholder Dilution

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It was touch and go there for a while but Barclays Plc shareholders have given the British bank the go-ahead on a 7 billion pound ($10.44 billion) capital raise. The fractional owners had been ticked off about not being asked what their feelings were on the round of fundraising beforehand (there was also a matter of Qatar and Abu Dhabi investors getting better terms than existing shareholders). Congrats to all.
Barclays Chairman Says Investors Back Fund-Raising [Reuters]

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