Business and people search

All-time low for Slater & Gordon

Slater & Gordon's Manchester headquaters on Mosley Street
Slater & Gordon's Manchester headquaters on Mosley Street
Joanne Birtwistle
Joanne Birtwistle
Editor, North West

Shares in embattled law firm Slater & Gordon slipped to an all-time low after the firm told investors that recovery in its UK business is taking longer than expected.In a trading update to the Australian stock market ahead of its half-year results, the firm said its talks with lenders to recapitalise the group are expected to be concluded 'in coming months'.It admitted that the continued support of lenders is fundamental as current debt levels exceed the company's total enterprise value.Analysts say the two most likely options ... for the full story register now for free or login below...

Login to Read this Story


Latest Business News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954
Close