Middle Eastern hospital deals provide sticking plaster for crisis-hit group
Carillion has revealed its latest deal, a £240m contract for its Middle Eastern joint venture Carillion Alawi, as it continues to hope investors gain confidence about its long-term future.
The joint venture is close to a second agreement, worth £120m, that would also be with the Oman Ministry of Health.
Carillion's shares fell off a cliff in July, losing 70% of their value over three days after revealing an accounting black hole. Its share price went down to 57p, before recovering slightly to 70p in the following days.
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