Carillion to discuss rescue with creditors


Carillion, a provider of infrastructure projects in several countries beyond Britain, has been fighting for its survival after costly contract delays and a downturn in new business.

LONDON: Struggling British building and services company Carillion, which is involved in Britain’s planned high-speed rail link HS2, said on Saturday it would meet creditors on Wednesday as it seeks a financial rescue plan.

Carillion, a provider of infrastructure projects in several countries beyond Britain, has been fighting for its survival after costly contract delays and a downturn in new business.

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Business , Carillion , high-speed rail , delays , debt

   

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