Details of Interserve's rescue plan revealed

By Jordan Marshall2019-03-15T18:25:00

EY appointed administrator this evening

Details of Interserve’s plan for administration have been revealed, as the stricken firm confirmed just before 6pm this evening that EY had been appointed to act as its administrators.

Hunter Kelly and Alan Hudson from EY were appointed as joint administrators after 60% of the firm's shareholders voted against Interserve management’s rescue deal earlier today, triggering a pre-pack administration.

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