Informa closes up 6% after £1bn coronavirus capital raise

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Informa closes up 6% after £1bn coronavirus capital raise

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(190925) -- LA CONTAMINE, Sept. 25, 2019 (Xinhua) -- Luxury yachts are seen during the Monaco Yacht Show in La Condamine, Monaco, on Sept. 25, 2019. The four-day yacht show kicked off on Wednesday. (Photo by Wu Lei/Xinhua) | Wu Lei/Xinhua News Agency/PA Images

Informa, the UK publishing and events company, has taken the decision to suspend its dividend and raise £1bn of fresh equity after the Covid-19 pandemic caused hundreds of its conferences to be postponed.

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