Here Is What Richard Branson Did To Raise Money For His Pandemic-Battered Global Business

  • Date: 15-Aug-2021
  • Source: Yahoo News
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Here Is What Richard Branson Did To Raise Money For His Pandemic-Battered Global Business

According to WSJ’s report, Sir Richard Branson has sold around $300 million worth of shares in Virgin Galactic Holdings Inc (NYSE: SPCE) to raise funds for other parts of his pandemic-hit global business.

Virgin Group sold 10,416,000 shares on Thursday, reducing the stake to 18%.