Good morning: Interserve, the government contractor which employs 45,000 people in the UK, has agreed the terms of a rescue deal with lenders. The proposed debt-for-equity swap should mean that the company avoids a Carillion-style collapse. Interserve has been in talks with its lenders and the government for months about a rescue deal. There could still be complications to the rescue deal. Interserve needs to secure approval from shareholders and this morning it announced that Coltrane,…

Source: The Times February 06, 2019 09:00 UTC