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Kier launches £264m rights issue as debt risks increase

Rising debts force Kier to launch £264m rights issue

Kier is launching a rights issue in a bid to raise £264m to pay down debts. The contractor confirmed the move in a Stock Exchange announcement on Friday afternoon which saw its share price fall 15%. Kier said it needs the money because banks are becoming increasingly...
Kier launches £264m rights issue as debt risks increase

Former Carillion HQ to be converted into flats

Carillion’s former HQ in Wolverhampton is to be converted into co-living flats as part of an £8m renovation project. source https://www.constructionnews.co.uk/markets/sectors/housing/former-carillion-hq-to-be-converted-into-flats/10037760.article