Category list : Financial
Stories with this category.
Interserve rival mulls takeover bidSubscription
FM firm Mitie is considering a bid for Interserve’s facilities management business.
Paragon, Dawnus and now Interserve.
Interserve files for administrationSubscription
Interserve will file papers at the High Court for the parent company to be placed into administration.
Briggs & Forrester will increase its revenue to £330m over the next three years, according to group chief executive Paul Burton.
Dawnus suppliers down tools on Manchester roads job Subscription
Subcontractors working on a road improvement scheme in Manchester downed tools and blocked a main road with equipment after alleging that they had not been paid by main contractor Dawnus.
Balfour Beatty’s UK margin doubles in 2018 Subscription
Balfour Beatty’s operating margin for its UK construction business almost doubled to 1.5 per cent in 2018 as the company completed another phase of its turnaround programme.
Interserve’s make-or-break vote explainedSubscription
At 11am on Friday, Interserve’s shareholders will vote on a deleveraging plan that chief executive Debbie White has said is crucial to the company’s survival.
Interserve’s largest shareholder has suggested it could buy the firm out of insolvency and warned against a pre-pack sale of the firm to lenders, according to reports.
Osborne chief executive Andy Steele has said the industry “can’t afford” to tackle late payment under the current market climate.
Kier reveals extra £50m debt in surprise updateSubscription
Kier’s net debt ended 2018 £50m higher than previously expected, the company revealed in a surprise trading update this morning.