Britain’s pensions regulator twice ignored requests from trustees of collapsed outsourcing firm Carillion to force the company to plug its pension deficit.
Galliford Try laid out plans to raise 150 million pounds from investors in coming weeks and said it would bring forward plans to increase its dividend cover.
The British government said that another 101 jobs at Carillion Plc will be cut, as the fallout from Britain’s biggest corporate failure in a decade continues.
Handelsbanken reported fourth-quarter profit below expectations as loan losses stemming from the collapse of British construction and services group Carillion.
Insurer Fairfax Financial Holdings Ltd said it would buy some Canadian assets of bankrupt UK-based construction and services company Carillion for an undisclosed amount.
Capita lost 40% of its value after its new boss slashed profit forecasts and set out plans to raise cash to avoid the same fate as collapsed Carillion.
John Laing Infrastructure Fund, said it was working to replace collapsed Carillion as facilities management provider on nine projects.
Britain’s FRC watchdog said it had opened an investigation into KPMG’s audit of the now-collapsed Carillion (CLLN.L), covering the years 2014 to 2017.
British construction outsourcing company Carillion Plc attempted to “wriggle out of its obligations” to pensioners for the last decade, according to Parliament’s Work.
HICL said the collapse of Carillion had triggered loan agreement defaults at projects and management subcontracts with the construction outsourcing company.
Joint venture partner is exploring stake in Max Healthcare
Life Healthcare Group Holdings Ltd Has Initiated Preliminary Discussions With Max India, Company‘s Joint Venture Partner In Max Healthcare Institute
Talks Explore Possibility Of Max India Acquiring Life Healthcare‘S Equity Interest In Max Healthcare Institute Limited
Board approves amalgamation of Co with IDFC Bank Ltd
National Housing Bank has intimated that it has no objection for the amalgamation
Board approves purchase of entire shareholding held by Usha International
To pay a consideration of Rs 24.83cr which will be paid over 12 months
EROS INTERNATIONAL , RIL
In Pact with Eros India to Set-Up $150 Mn Fund to consolidate content
RIL, Through Unit, agreed to subscribe to 5% stake in NYSE Listed Eros
RIL, Co agreed to partner in india to jointly produce, consolidate content
Jyoti Deshpande to head RIL's Media & Entertainment Business