Interserve newco to inherit contract liabilitiesSubscription
Almost all previous liabilities held by Interserve have been carried over to the new business despite the firm falling into administration, the contractor’s general counsel has told Construction News.
Interserve’s refinancing is a “positive outcome” for customers, the supply chain and employees, a Cabinet Office minister has said.
Subcontractors and trade creditors to Interserve have been reassured that outstanding debts to the business will be honoured despite the parent company being placed in administration.
Interserve rival mulls takeover bidSubscription
FM firm Mitie is considering a bid for Interserve’s facilities management business.
Timeline: Interserve's path to administrationSubscription
From the resignation of CEO Adrian Ringrose in November 2016 to its rescue plan being vote down in March 2019, CN charts the key events that led to firm’s potentially fatal problems.
Interserve features and analysis
As the UK’s largest player, Balfour Beatty is now the organisation that Whitehall should look to for signs of turbulence and strength in the construction sector.
Paragon, Dawnus and now Interserve.
Interserve’s rescue plan has been voted down by shareholders, with the firm now expected to enter administration – follow the live updates, reaction and analysis here.
The Ides of March is a day that history buffs will be well aware of.
Following months of rumour, Interserve finally announced that it would carry out a debt-for-equity swap with its lenders to the tune of £480m.
The news today has been dominated by two stories about borrowing money to stave off a crisis.
In a normal year, the start of December is when everything begins to wind down.
Interserve has enjoyed a few months of relative calm on the stock market following wild swings in its share price between January and May.
ISG subsidiary Agility is barely two years old and turning over £80m a year. So why are smaller fit-out firms having success and who’s competing in this space? Binyamin Ali investigates
Mace took a narrow victory in September’s contractor league as the combined value of wins settled down after a rocky few months.
Today was a big day for Interserve.
When Royal Mail shareholders cast their votes on directors’ pay last week, the results will have sent shivers through boardrooms across the country.
Corporate pay packets are being scrutinised like never before. CN analysed the accounts of the biggest listed construction firms to reveal who earns the most among the top bosses.
Activity across the top 50 contractor league once again held relatively steady in June as Multiplex claimed the summit for the first time since January last year.
Interserve’s chief executive Debbie White appeared in front of MPs on the public accounts committee this week to answer questions about the government’s strategic suppliers.
Interserve’s chief executive Debbie White and chief financial officer Mark Whiteling have perhaps the toughest management jobs in the industry right now.
Interserve results: 6 things we learnedSubscription
Interserve agrees £480m debt-for-equity swapSubscription
Interserve sells stake in NHS estate JVSubscription
Project bank account law goes before parliamentSubscription
Interserve EfW plant handovers delayedSubscription
Interserve: Rescue plan offers 'turning point'Subscription
Explained: Interserve rescue packageSubscription
Interserve 'nears debt-for-equity rescue deal'Subscription
Former Interserve construction MD joins ISGSubscription
Interserve lenders look to acquire RMD KwikformSubscription