Recruiter Hays set to raise $248 mln to cope with coronavirus-hit hiring
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(Reuters) - One of the world's biggest recruiters, Hays , was on course to raise 200 million pounds ($248 million) via a new share issue on Thursday, seeking to prop up its finances in the face of an expected collapse in fees due to the coronavirus.Unveiling measures to stabilise its business, the company said the health crisis had driven a "very material deceleration in client and candidate activity" and that under its modelled scenario net fees could fall about 35% by the end of 2020."The past..