Interserve finance chief quits weeks after rescue deal

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Mark Whiteling is leaving the outsourcing giant weeks after it was taken over by its lenders, Sky News learns.

While it is no longer listed on the London stock market, Interserve's importance as a supplier to the Government remains undiminished.

The change of control immediately sparked interest in its support services arm from rival outsourcer Mitie, which has been working on a proposal to offer roughly £100m for the division. The biggest obstacle to a deal, however, is the price Mitie is prepared to pay and that being sought by Interserve's new owners.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'Quits' or pushed? Interserve another hapless outsource company along Carillion lines. Shambles! Government should perform the work of government!

South Africa South Africa Latest News, South Africa South Africa Headlines