Interserve investors set to be annihilated by rescue deal

Interserve

But directors face being pushed out as details of package emerge

Interserve shareholders will be almost wiped-out under the latest plans to rescue the firm.

This morning the contractor unveiled the contours of its latest rescue package more than a month after crashing into emergency talks.

Interserve was forced to confront its lenders in December after struggling to service its £650m net debt load.

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