Interserve to retain equipment services unit after strategic review



British support services and construction firm Interserve Plc (IRV.L) said it had decided to retain equipment services unit RMDK as a core part of its business, following the conclusion of a strategic review that started in February.
Interserve said the international business RMDK provided an "important element" of diversification for the group, which otherwise had a predominantly UK-based earnings profile and has been facing near-term uncertainty in some end markets.
Interserve said it would incur non-recurring charges of about 17 million pounds ($21 million) to carry out... read more

 
10 October 2016 in Business, Views: 43
Source: Reuters
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