Carillion appoints new advisers in the wake of its week from hell
Beleaguered construction services group Carillion has appointed new financial advisors and brokers in the wake of its dramatic fall from grace.
The Wolverhampton company has endured the week from hell after seeing around 70% wiped off the market value of its business after it a dramatic profit warning on Monday.
Yesterday was a calmer one for the FTSE 250 company although its share price still declined. However, the 3% fall – ending the day at 55.45p – was less dramatic than the losses incurred during the first three days.
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