Compass shares drop as it seeks cash to cope with crisis

(Reuters) - Compass Group shares dropped more than 10% on Tuesday as the world's biggest caterer sought to raise 2 billion pounds ($2.5 billion) in a share sale to reduce debt and help it cope with the coronavirus crisis.Bookrunners for the share placing said the British company had offers from investors at between 1,000 and 1,050 pence per share, with the process set to conclude around 1200 GMT. That is well below Monday's closing price of 1,153.5 pence, and pushed the stock down as much as..