Reuters wins the Barclays fund raising
11.13.2008
Reuters left rivals trailing on Nov. 13 with a trio of scoops on a controversial fundraising by British bank Barclays, one of the top European business stories in recent weeks. Reuters reported from a source that the terms of a 6 billion pound deal with Middle East investors would not be renegotiated, running counter to speculation that they might. Reuters was also first with two other stories: News that advisory service RiskMetrics had told investors not to endorse the deal, and news a day later that another influential adviser — the Association of British Advisors, had followed suit. Bloomberg followed a day later on the Middle East investor story.
