Compass raises 2 billion pounds as pace of recovery in question
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(Reuters) - Compass Group raised 2 billion pounds of new capital on Tuesday at a hefty discount to its market value, seeking to reduce debt as the coronavirus crisis threatens to force a scaling back of the world's largest catering company.The British company, which employs 600,000 globally and serves daily meals to hundreds of thousands of schoolkids, office workers and prisoners, has been forced to close more than half its businesses as lockdowns took hold globally. Its sale of 195 million..