Shareholders Ratify Reuters Proposal To Hike Debt Limit

THIS WEEK'S LEAD STORIES

Shareholders approved Reuters Holdings PLC's proposed extension of its borrowing limits at an extraordinary general meeting last week, although Reuters maintains that it has no immediate acquisition plans.

The move boosts Reuters' borrowing powers from twice to 2.5 times adjusted capital and reserves. Based on Reuters' position at the end of last year, the resolution lifts the company's ceiling on borrowing to 1.02 billion pounds sterling ($1.67 billion) from 816.6 million pounds sterling ($

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: