Interserve rebel investor turns the screw and ramps up stake in business

By Hamish Champ2019-02-20T06:00:00

Coltrane Asset Management piles on pressure ahead of EGM

US hedge fund Coltrane Asset Management turned up the pressure on Interserve yesterday after it increased its equity voting stake in the contractor from 17.5% to 27.7%.

The firm saw its shares end yesterday at just under 10p, a record low closing price for the listed firm.

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