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Consultant Mouchel has renegotiated terms with its banks to avoid a breach of covenants
The news comes as the firm is fending off a takeover bid from VT Group, which had an offer of 260p per share rebuffed last year.
Two contract wins worth £405m by Enterprisemouchel will be a blow to VT Group's takeover ambitions
U-turn follows governing council vote last night
Firm also promotes its area director to key regional role
New year sees raft of new faces at firms
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