Embattled Carillion enjoys strongest day for months

Embattled Carillion enjoyed one of its strongest days on the markets for several months as investors reacted positively to the group’s announcement of a £140m credit facility and the £50m disposal of part of its UK healthcare operation. While any growth is relative for a business that saw 75% of its market cap wiped out earlier this summer, the Wolverhampton company will take its victories where it can. Shares in the group closed yesterday up almost 6.3% at 46.50. The company has also revealed some of its short-term plans... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
Close