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The FTSE 100 group announced plans to tap shareholders shortly after the market closed yesterday, and this morning said it had successfully completed the fundraising.
Simon Arora’s pay package beats Tesco CEO’s remuneration despite flatlining profits and falling sales
The retailer said it has also agreed a £300 million revolving credit facility, provided by a syndicate of international banks.
Grocer taps market despite signs of inflation slowing the online retail revolution
Whitbread boss Alison Brittain (pictured) pocketed a total payout of £2.16m for the year to March, including a bonus of more than £1m.