Financial Services

Interserve considers 'updated' rescue deal by major shareholder

March 4 (Reuters) – British support services group Interserve Plc said on Monday it was considering an “updated” proposal from its largest shareholder Coltrane Asset Management.

Interserve last week offered a sweetened rescue deal to lenders as part of efforts to tackle the loss-making company’s debts.

Reporting by Justin George Varghese in Bengaluru. Editing by
Jane Merriman


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