Was Carillion a zombie company?
A top corporate recovery specialist has likened collapsed facilities management and construction services company Carillion to a “zombie company”.
Charles MacMillan, partner and head corporate recovery at accountant and business adviser Beever and Struthers in Manchester said that the issue of such companies had arisen since the banking crisis of 2008.
“Unlike previous recessions huge numbers of these companies survived and continue to thwart the kind of economic recovery coveted by all,” he told TheBusinessDesk.
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