Good news!10 Dec 2018 10:49
By Mark Kleinman, City editor
Lenders to the troubled outsourcing group Interserve have drafted in bankers to stitch together a make-or-break restructuring that is likely to see them take control of the company.
Sky News has learnt that Interserve's creditors have appointed Lazard to help thrash out the details of a debt-for-equity swap and share issue that have become necessary to salvage its future.