Latest news:
News: Issue 599 22 Jun 2012

Add a comment

Share this article:

Mouchel shares virtually worthless

Mouchel has acknowledged that the value of its shares is likely to be wiped out under plans for a financial restructure to reduce its £104m debt to a sustainable level. The outcome of the review will be announced by the end of July. However, in its interim management statement, Mouchel warned that every option being considered would leave “only limited value for existing shareholders”.

The latest episode after three years of continual write downs, restructuring and profit...

Add a comment

Join Local Transport Today subscribers and read this article in full...

Local Transport Today

1 Year

2 Year

Save 10%

3 Year

Save 15%

 

£140

 

£252

 

£357

+£4 VAT

+£7.20 VAT

+£10.20 VAT


Local Transport Today is dedicated to providing you with
detailed knowledge: essential to informed transport planning and project delivery.
All annual subscriptions include a 1 user licence for TransportXtra
Local Transport Today

 


 

TransportXtra only

An online-only subscription to TransportXtra  works out at less than £7.50 per month for all the latest issues and transport intelligence.
Subscribe or view multi-user packages.

 £90 + VAT

Not ready to subscribe? Take a 2 week free trial