Serco sells shares to steady balance sheet

Under-fire contractor Serco suffered a setback last week after its finance director announced he was leaving.

By Jamie Hailstone | 08 May 2014

Under-fire contractor Serco suffered a setback last week after its finance director announced he was off just hours after the company revealed it was to sell nearly 50m new shares to raise £170m.

Popular articles by Jamie Hailstone

  1. Are STPs delivering the change agenda?
  2. It's all about relationships
  3. Frugal authorities may be left exposed to more cuts
  4. Turning challenges into opportunities

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?

Popular articles by Jamie Hailstone

  1. Are STPs delivering the change agenda?
  2. It's all about relationships
  3. Frugal authorities may be left exposed to more cuts
  4. Turning challenges into opportunities
footer-logo

©2024 Hemming Group Limited.

©2024 Hemming Group Limited.