Sale to rival is milestone in Help-Link’s turnaround
Home repairs business HomeServe is to buy rival Help-Link in a deal that will see 250 staff move over to the stock market-listed group.
Help-Link, which is two years into a transformation strategy that is forecast to see it achieve operational profitability in the current financial year, sees the deal as being the next step in its development.
The sale, which is expected to be completed in the next few days, will be achieved through a pre-pack deal. EY is to be appointed as administrator over Help-Link's immediate holding compan... 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...
