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Interserve execs rally support for rescue package

Mar 04, 2019 - City A.M.

SENIOR executives at crisis-stricken outsourcer Interserve have fired the starting gun on their two-week campaign to win shareholders' approval for a rescue deal designed to stop the firm facing the same fate as Carillion.

Chief executive Debbie White will hold meetings with the firm's major shareholders in the coming weeks in a bid to secure the 50 per cent approval of the plan needed at a vote on 15 March for it to go ahead.

The next two weeks are pivotal for the survival of the co...