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UK Market Update Archive: 
Retail Investors Snub Barclays Offer
Jul 19, 4:05 PM ET
Skeptical retail investors did not participate in the rights offering of Barclays and only 19% decided to accept the offering.
Retail investors snubbed recent Barclays offering at 282 pence and only 20% of the existing holders participated in the offering. The stock has since falln another 20%. Sovereign wealth funds of Qatar and Singapore have agreed to invest in the fund and institutional investors in China and Japan participated in the offering.
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