Updated Interserve rescue plan expected this week

By Jordan Marshall2019-02-25T07:00:00

Contractor confirms it is also "considering" alternative proposal from rebel US investor

Interserve has announced that it will reveal details of an alternative plan to rescue the ailing contractor next week.

In a statement on the London Stock Exchange today (22 February), the contractor said it expects to publish shareholder documents next week.

It said: "[This] will include the notice of a general meeting of Interserve at which shareholder approval of the deleveraging plan will be sought. The documents will also set out the full terms of the deleveraging plan."

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