Interserve Shareholders Wiped Out, Control Handed To Banks

current https://t.co/eppLQHF2XN splash is via @gillplimmer1 on Interserve rescue talks:

"One of the latest proposals would result in banks taking over 90 per cent of the company's shares in exchange for writing off around £300m of its £807m net debt."https://t.co/FEHFTSYrFs pic.twitter.com/7G0sjQMAON

— Jim Pickard (@PickardJE) February 5, 2019