WHSmith manages to raise £166m to beat coronavirus crisis

// WHSmith raises approximately £165.9m through a share placing
// Investors subscribed to 15.8 million new shares at 1050p per share
// WHSmith CEO Carl Cowling subscribed to more than 7000 of those sharesWHSmith has raised almost £166 million through a share placing in a bid to shore up its balance sheet to help it overcome the financial impacts of the coronavirus lockdown.
The books and stationery retailer placed 15.8 million new shares at 1050p per share, and investors have subsc